Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Debate on land sale to Chinese misleading says Professor

Debate on land sale to Chinese misleading says Professor of Public Policy

Suggesting that Chinese investment in New Zealand is essentially the same as New Zealand investment in China assumes that buying and owning land is the same as investing in or leasing land, says AUT University Professor of Public Policy Ian Shirley.

Commenting on the proposed sale of Lochinver Station to the Chinese company Shanghai Pengxin, Professor Shirley says there has been a lot of heated political debate and a considerable amount of misleading information.

Responding to the New Zealand Herald editorial “We should welcome Chinese investment” he says recent research he has conducted in collaboration with the Chinese in Shanghai illustrated a radically different approach to overseas investment.

“The Chinese do not sell land to overseas interests – they lease land and they encourage overseas investment but only in strategic industries or areas of economic development that they nominate or control.

“In Shanghai for example Chinese colleagues were proud of the fact that the only land in Shanghai owned by overseas interests was the small block of land on which the Soviet Embassy stood. The Chinese do not sell strategic assets or land.”

Professor Shirley says that to suggest therefore that Fonterra “has been buying farms” in China assumes that the ownership and leasing of land is the same thing.

“You may be able to sell that line to some New Zealanders but for those of us who were raised on farms it represents a major distortion of the facts.”

Professor Shirley says the public debate suggests that the decision on the sale of strategic assets such as land should not be left to the Overseas Investment Office.

“As opinion polls over recent months have indicated a significant majority of New Zealanders do not agree with the sale of public assets. While the Prime Minister may “be happy for a Chinese company to buy Lochinver”, there is clearly a large number of New Zealand citizens who would oppose the sale.

“The Overseas Investment Office does not have the ability or the expertise to address policy decisions such as the retention of strategic assets or the sale of land to overseas investors despite changes to the overseas investment regime in 2010.

“China has ensured that it will retain its strategic assets including the domestic ownership of land. It encourages overseas investment in areas that it wants to develop rather than selling its assets to the highest bidder. Perhaps it is time to consider similar policies in New Zealand.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

'Tea Break Bill' Passes: Gordon Campbell On Bad Labour Laws And Poor Safety

By co-incidence, one of the prime dangers of the government’s new employment relations law has been underlined by the release of the death and injury statistics among workers at New Zealand ports. These are highly profitable enterprises for the port owners.

The Port of Tauranga for instance, is expecting its current full-year profit to be between $78 million and $83 million and other ports are enjoying similar boom times – but they are also highly dangerous places for the people who work on or around the port premises. At the Port of Tauranga, there have been 26 serious accidents since 2011, and two deaths. More>>

 

Parliament Today:

No Charges: Outcome Of Operation Clover Investigation

Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls in the Waitemata Police district and wider Auckland area... More>>

ALSO:

UNICEF Report: NZ Cautioned On "Stagnating" Child Poverty

An international report by UNICEF has found that child poverty rates in New Zealand have barely changed since 2008, despite similar sized countries significantly reducing child poverty during the recent recession. More>>

ALSO:

Funding Report: Two Pathways For Transport In Auckland

Commissioned by Auckland Council, the group was asked to investigate two possible pathways for raising $300 million per year ($12 billion over 30 years) to pay for the improvements needed to help fix Auckland’s transport system. More>>

ALSO:

Pay Equity: Equal Pay Win In Court Of Appeal

CTU: The Court of Appeal has made a historic decision paving the way for a substantial equal pay claim for aged care workers. More>>

ALSO:

Gordon Campbell: On The TPP Finishing Line, And Amazon’s Woes

If the Trans Pacific Partnership trade deal wasn’t such a serious matter, this would be pretty funny… More>>

ALSO:

TV3 Video: Three Die On Roads Over Labour Weekend

The official holiday period ended at 6am Tuesday, with three deaths on the roads during the Labour Day weekend. More>>

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news