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Crafar farms must stay in NZ hands - Shearer

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David Shearer

David Shearer

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Wed, 25 Jan 2012 6:23p.m.

By Duncan Garner

Labour leader David Shearer says the Government must not sell the 16 former Crafar farms to a Chinese company as it's not in the national interest.

Mr Shearer is in Taupo for his first caucus of the year, and met concerned residents on a nearby Crafar farm.

"We have to draw a line in the sand and say future sales of land like this has to demonstrably benefit New Zealanders," says Mr Shearer.

There are two bids for the Crafar farms - a higher one from a Chinese company, a lower one from a consortium of Kiwi farmers led by Sir Michael Fay.

"What we need to do is give these guys a real shot at buying back this land," says Mr Shearer.

The Overseas Investment Office has made a recommendation to the Government that it's keeping secret. It's the Government that decides, and it's imminent.

If the Chinese buy the land it would have Government SOE Landcorp manage the farms on their behalf, and Mr Shearer says that's just plain stupid.

"What we will see is Landcorp managing it and being a tenant on our own land," he says. "It's nonsense."

The Crafar farm decision is a sensitive and politically difficult one for the Government, especially given the Government's close ties with Beijing.

Increasing land sales to foreigners have become unpopular, and Mr Shearer has done well to put this on the agenda and remind voters a Labour govt would say no to the Chinese.

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Comments [10]

Mike
26 Jan 2012 6:32p.m.

If you dont want foreign ownership of NZ assets, instead of moaning and blaming everyone else, get off your butts and help bring the NZ bids up to the other offers.

End of the day its about the best bid when something is sold. Of course Winnie and David will talk big but do nothing. Have they even reached into their own pockets for $1 to help the NZ bids - get real as they dont care about NZ enough to do that even with the garbage they preach.

As Andrew Harris mentioned, NZ already owes billions to China so the Crafar farms are small change in the scheme of things.

The Anti-Free-Trade brigade forgets to mention that NZ lives on our exports, ie our trade access. Yes the FTA does give access for China to NZ, but it also gives access to China for NZ. China is the biggest country in the world but Winnie and David would prefer we did Ostrich impersonations and burried our heads in the sand!

The world recession is happening from excessive social policies, ie too much welfare with countries living beyond their incomes. In that way NZ is not so different and we need to cut back welfare/govt spending to sustainable levels.

floral paisley
26 Jan 2012 5:06p.m.

a figure of 1% of NZ farmland owned by overseas investors is bandied about and we are told such a low figure is nothing to be getting worried about. That means 1 in a 100 acres is foreign owned. That is a lot of Frisian and Herefords. So if the Chinese are new to the market , who owns this quite significant slice of the NZ cheese? Are German and Russian invaders easier to open our gates to and lie down with?

Carlos
26 Jan 2012 4:31p.m.

Sell them to the highest legal bidder.

Chargone
26 Jan 2012 11:45a.m.

one of many reasons free trade deals are economic suicide if you're not already a major and dominant player in the vast majority of the economic space in question.

Ricardo
26 Jan 2012 10:24a.m.

And Michael Fay's investors are all Kiwis? Give me a break. Only dinosaurs believe that anyone anywhere in the world is purely this or that nationality.

Fellowes
26 Jan 2012 7:48a.m.

Excellent point by Bruce. Which is EXACTLY why NZ must not sign any more free trade agreements! The pending FTA with the US has a clause insisting that they be able to buy land which could be used FOR ANY PURPOSE. No further governments can revoke these agreements. They are hideous and NZ must not sign any more! The world needs our commodities, we do not need them.

Brent
26 Jan 2012 6:38a.m.

@Bruce, maybe you and Helen Clarke should have thought about that in the 3 year it took to write it.

John
26 Jan 2012 2:20a.m.

This is how a country loses it's rights (Free Trade), but not to another country but to the very wealthy people. It was a very well sort out plan from the beginning and politicians and policy makers who are part of all this know from the very beginning. It will take a Prime minister with courage honesty and integrity to free New Zealand from this constructed crap that will in the future hurt everyday New Zealanders. But I'm afraid this will never happen.

Andrew Harris
25 Jan 2012 11:18p.m.

Whats Shearer on about, the NZ government uses mortgage bonds as security on offshore currency loans. The total value of kiwi homes securing government borrowing currently is approx sixty billion dollars. Yes, foreigners own around sixty billion of kiwi mum and dads home should your government default...whoops Crafar means jack in the big picture.

Bruce
25 Jan 2012 7:34p.m.

According to the free trade agreement New Zealand has with China, There is no way the NZ Government can get out of the Chinese bid. According to the trade agreement with China, New Zealand cannot treat the Chinese bid any differently from a New Zealand bid. according to article 144 of the agreement. the NZ Government may have to pay the Chinese consortium compensation if they reject the offer over a New Zealand bid. Let this case be a warning about the partial asset sales. The NZ government can-not favor New Zealand investors over international investors.

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