WHENUA FARMLAND SALES ARE BOOMING IN NEW ZEALAND – MILK, MEAT, WOOL & AGRICULTURAL TAKINGS + MINERALS + WATER
Land grabs news: According to Reinz data: 101 more (or a rise of 36%) farms in New Zealand sold in December. Of 382 farm sales in the period of three months end to December, the median price per hectare was $23,070. It was a 12.8% price rise on same time last year.
What that means? Rich folks and conglomerates of rich folks, got themselves farms for Christmas.
Figures given: Overall, there were 1,454 farms sold in the year to December 2012. This is a jump of 21.9% up on 2011. In the lifestyle properties development market: Auckland was up 17%, Nelson 14% and Waikato 13%.
In other news: The dairy industry (milk supply chain) is also lifting again in the world. (more…)
“CHINA’S” SOUTH CANTERBURY MILK DESIGNS… YILI ADS + ODG TAKE OVER BIDS… NZ WATER OUTPUTS ON THE LINE? DECEMBER 27th 2012
South Canterbury where Jenny Shipley is based, is a region of New Zealand that has announced that Chinese dairy firm Inner Mongolia Yili Industrial Group wants a slice of New Zealand’s water, minerals, protein yields. Specifically the Chinese company wants NZ’s dairy product. Yili has desires and designs for a $214m dairy plant, if it’s bid to take over Oceania Dairy Group (ODG) is approved in NZ by the ever dubious O.I.O office.
If Yili is approved to take over ODG than it seeks to access ODG’s land resource consents. Part of that design would be to build the plant over 38 hectares in South Canterbury. The news was posted after discussions with the O.I.O on the Shanghai Stock Exchange notice board on Dec. 18.
If given consent, June 2014 is when the plant aims to be operating at 60% capcity in NZ. Full capacity would see 47,000 tonnes of dairy product for export expected in the 2016/17 year.
What I think: Dairy is a resource that is water based initially. (more…)
TOP BUSINESS STORY – NEW ZEALAND’S LIQUID ECONOMIES & REAL ESTATE – GOVERNANCE, CULTURE & THE ENVIRONMENT
Out of the hundreds of business related stories on this Hollywood entertainment news-fusion website, the top business story being read today is: LIQUID ENERGY ASSETS, DAIRY ASSETS, REAL ESTATE EXPORT SALES ECONOMIES – FONTERRA FARMERS, MINING & NEW ZEALAND.
It combines some of the best things we know as “the Kiwi life”. It also defines the current government’s focus as real estate acquirers and sellers to foreign buyers in their time in office. So coporate governance is the story fused with how the environment (natural and cultural) can withstand the pressures of the world wanting New Zealand’s most valuable resources. In truth though, New Zealand’s citizens are the best things of New Zealand we have. When they smile… we see our culture on display in the faces of Aotearoa. Hard to beat. Read the story.
~Posted by Horiwoodblog, Aotearoa New Zealand, Polynesia Asia-Pacific.n 15.7.12~
He mano te hinga ki tou taha, tekau hoki nga mano ki tou matau; otiia e kore e tata ki a koe.
Ka titiro kau ou kanohi, ka matakitaki ki te utu mo te hunga kino.
Ko koe hoki, e Ihowa, toku piranga! kua waiho e koe te Runga Rawa hei nohoanga mou:
Kahore he kino e pa ki a koe, kahore ano he whiu e tata ki tou teneti.
Ka korerotia iho hoki koe e ia ki ana anahera kia tiakina koe i ou ara katoa.
Ma ratou koe e hiki ake ki o ratou ringa, kei tutuki tou waewae ki te kohatu.
Ka haere koe i runga i te raiona, i te neke: ka takahia e koe ki raro te kuao raiona me te nakahi.
Ob tausend fallen zu deiner Seite und zehntausend zu deiner Rechten, so wird es doch dich nicht treffen.
Ja du wirst mit deinen Augen deine Lust sehen und schauen, wie den Gottlosen vergolten wird.
Denn der HERR ist deine Zuversicht; der Höchste ist deine Zuflucht.
Es wird dir kein Übel begegnen, und keine Plage wird zu deiner Hütte sich nahen.
Denn er hat seinen Engeln befohlen über dir, daß sie dich behüten auf allen deinen Wegen,
daß sie dich auf Händen tragen und du deinen Fuß nicht an einen Stein stoßest.
Auf Löwen und Ottern wirst du gehen, und treten auf junge Löwen und Drachen.
[Photos - Image 1: The Fog, Principality of Liechtenstein. Image 2: A sculpture of a cow stands in Verduz, Liechtenstein. Source: Our Surprising World website].
~Posted by Horiwoodblog, Aotearoa New Zealand, Polynesia Asia-Pacific. 28.6.12~
HOW FISH’S 20% PROFIT QUOTA TOWARDS IWI IS FAIR ON WATER RIGHTS & TV3′S NEWS COVERAGE OF SOE ENERGY ASSETS SALES
I just had a vision of electric fish swimming in waters of Iwi lakes, rivers, oh… and profits derived from water jumping into Iwi bank accounts too, every time a switch for a “light bulb” was turned on.
Memo to the Prime Minister and his ‘friends’: “You are misguided in assuming water rights of Maori people” are “yours” or “The Crowns” -as if they are “yours” alone. To talk this way is illegal behavior. It does not reinforce to NZ citizens or newly arriving immigrants the legal bonds we have to honor Maori people through continual inclusion, in this country.
Needless to say such talk of ‘Maori or Iwi blindness’ on legal and political matters, is extremely greedy aiding foreign investors interests over Iwi’s rights in NZ. Not cool. The model the PM proports, as a mathmatical equation is “non-Maori people unite plus foreigners gang up together on the stock market” and bank.
It’s too exclusive of being inline with the spirit of The Treaty of Waitangi that acts in good faith of Maori’s ability to be included in NZ’s future direction adequately. This is written where the poverty divide behind Maori people has seen inequality grossly increase towards Maori, under the PM’s watch. For the health of Maori if I put my Maori glasses on, if he is going to talk like this, then he needs to change this talk smartly, or, he needs to go!
And anyway: Since when was our PM a Te Heu Heu type or more recently, a Todd or worth more than a thousand year history in NZ of an Iwi? Geez! Unbelievable nonsense!
- – -
TV3 news reports: “A legal bid by Maori isn’t likely to stop the partial privatisation of four state-owned energy companies but it could delay the sales process, Prime Minister John Key says.
Parliament on Tuesday passed legislation allowing the Government to sell 49 percent of the shares in Mighty River Power, Genesis Energy, Meridian Energy and Solid Energy.
The Maori Council and Ngati Tuwharetoa are threatening legal action to stop it.
They’re arguing the sales breach the Treaty of Waitangi and violate their water rights. (more…)
The same things we need now, just that by then, the quality of all these things is uncertain, unless we change our piggish ways of consuming too much, too quickly.
Solutions: 22 scientists warned last week of rapid and unpredictable environmental changes. (We are already experiencing these).
The conservative camp of brains believes the answer is for humans to do less of everything. (That’s not what the government tells people on a benefit in NZ). The radical camp believes technology and human ingenuity will prevent catastrophe. (If the corporate nature of greed doesn’t stuff that up).
Technology and innovation has already saved us from plagues, low crop yields, water shortages, reliance on fossil fuels and more. The report via the BBC also sounds a bit fishy. One suggestion (that is probably highly likely) is: Conservatives argue that we should reduce consumption, waste, population, fertiliser use, pesticides, fishing, etc., and in this way reduce our species’ influence back to being just another part of the biosphere, rather than its driving force.
To read in full, conserve here.
What this means: Countries that can grow our own grass, crops, regenerate safe water supplies, produce abundant food supplies all year round, replenish fisheries supplies around coastlines of minerals rich soils, are winning. We need to negotiate stronger in trade deals ahead. Abundance is the guide to provide our shared future.
Major lifestyle changes need to happen in many parts of the world.
~Posted by Horiwoodblog, Aotearoa New Zealand, Polynesia Asia-Pacific. 17.6.12~
Hollywood 3D film director James Cameron, has just bought more land in the Wairarapa. The land is “sensitive” land, meaning it may not be suitable for sale. It raises questions as to why the NZ government is selling Mr Cameron more land.
Memo to James: Okay. Stop now.
New Zealanders aren’t that mean. We’ve accepted people as friends before who’ve owned zero of our land.
Meanwhile: China wine warning for NZ exporters
[Photo of James - wearing a suit and tie - Associated Press].
~Posted by Horiwood Blog.Com, Aotearoa New Zealand, Polynesia Asia-Pacific. 31.5.12~
15 months ago, a Saudi Arabia (US based buyer) was approved by the O.I.O office in New Zealand to purchase 12.5% of a 34,000 hectares land block, of central plateau North Island whenua (land).
In today’s news a burger joint franchise called Burger Fuel has announced a profit rise in the Middle East of its burger chain stores.
The burger joint has eight restaurants in Dubai, Saudi Arabia and Iraq. It’s looking to expand into Qatar and Egypt too. Profit shares were up 24% in the last year to $10.3 million. Total sales was $38.1 million. The firm’s net asset position to March end was announced as being $4 million. This figure includes cash reserves of $2.3 million with zero debt.
The burger franchise closed its Kings Cross store but it still sees Australia as a market to compete in. For now though, the Mid-East is the main international growth focus of the chain.
In the GFC years, there’s always going to be honest money in high protein food – regardless of what spooky stories economists say.
[Reporting: Christopher Adams].
~Posted by HoriwoodBlog.Com, Aotearoa New Zealand, Polynesia Asia-Pacific. 22.5.12~
You want a piece of me–Britney Spears lyrics.
In news that’s stirring up the waters for wine growers’ circles of New Zealand, US billionaires Bill and Carol Foley (no relation to Eddie Murphy) have hopes of turning water into wine from New Zealand in a bigger way.
In today’s Kiwi newspaper, “An American billionaire has signalled his intention to buy an NZX-listed wine company as part of a huge expansion in New Zealand.
Bill Foley, who already owns a large Wairarapa estate (a rural province where Sir Peter Jackson and friends live), wants to buy The New Zealand Wine Company, spelt out in an announcement made this morning in an agreement with the Australian bank, ANZ National Bank that has advised NZWC to sell.
After trade investors were targeted, the merging of NZWC with the Foley Family Wines New Zealand wine business was the conclusion ANZ bankers advised. Foley has already talked to Wine Spectator about the deal.
The article said: “In New Zealand, Foley is putting the finishing touches on merging his firm there, which includes the brands Goldwater and Clifford Bay, with the New Zealand Wine Company.
If the New Zealand government says “yes” (and why wouldn’t it, as this NZ government is intent on selling almost everything), the deal will put 80% of the combined, $46.5 million company in Foley’s hands. New Zealand Wine Company owns 250 acres in Marlborough, mostly Sauvignon Blanc, and produces 300,000 cases a year. The merger will double Foley’s volume in New Zealand.
The report also notes: ‘New Zealand Wine Company has suffered extensive losses in the past year, evidence, some analysts say, that there is a glut of wine being made in the country.’
Obviously, a better distribution network is needed to distribute the wine abroad if there is a ‘percieved glut’ of wine in the market, causing ‘extensive losses.’ China’s middle classes are singing out for quality wines by the boatloads. If you live in the USA that’s all that you read in papers. (more…)
In New Zealand equality news: The Crown is still struggling to see Maori as their legal and legitimate Treaty partner, in the approach the NZ government is taking with the process of: the suggestion of New Zealand energy assets sales.
A good marriage is when one party wants to talk, the other party will listen. This is what equality and fairness in a legal marriage and fair partnership looks like. If this tone is not set from the outset of any suggested share float, no other third party investors should ever think there’s going to be integrity in the management of these same companies on offer.
All investors want a win-win guilt free share float. That way everyone gets blessed in the harmonious flow of a good marriage.
In Kiwi news: “The Government will not delay the passage of the bill allowing share floats of state-owned enterprises until after the Waitangi Tribunal has held its urgent hearings on the matter.
Ministers are insisting such sales would not affect the rights and interests of iwi and will not set aside any shares for future settlement.
But SOE Minister Tony Ryall says the Government could be prepared at a later stage to “stand in the market” and buy shares for some iwi as part of Treaty of Waitangi settlements.
The Government’s refusal to budge on its timetable means the tribunal will be under pressure to hold its hearings before the law is passed.
Submissions must be in by June, the hearing will be in July and the tribunal plans an interim report in July.
The hearings follow a claim by the Maori Council and 11 others that the sales breach the Treaty and a more general claim that the Crown has denied or violated rights over freshwater and geothermal resources.
Mr Ryall told the Weekend Herald the Mixed Ownership Model Bill would be back from select committee by July 16 and passed soon after that.
It needed to be passed no later than August to enable the first partial float, of Mighty River Power, to be conducted in the third quarter of the year, as set out in the sales timetable.
“We’re not considering delaying progress on the bill,” he said. “We have a timeline we have to stick to.”
Mr Ryall said any decisions from the tribunal would not affect the legislation but could affect government actions after the law was passed.
“We don’t think the sales affect Maori rights and interests and we think that is supported by current case law.”
He cited the Ika Whenua case in the 1990s when the Government planned to transfer dams to several energy companies and the Court of Appeal declined an application to stop that transfer, saying Maori rights would not be diminished by it.
The Government would be putting that position very strongly in the tribunal hearings, Mr Ryall said.
He said the history of the Government had been to address such issues on an iwi-by-iwi basis rather than a pan Maori basis.”
- – -
Um… what’s the rush here? We are in a GFC. The UK for example is officially in recession. They’re not moving anywhere fast. It’s not like we don’t have time to talk about it some more – here in New Zealand. The world’s population is increasing, not diminishing – therefore energy will always be in demand. Food needs are increasing too in the world, so energy powered hot houses could garner good growth for New Zealand’s economy in areas with land but colder climes to produce more, for the days ahead. Maori should be in on all levels of such expansion plans ahead, fairly and justly with the resources they signed in good faith to develop with The Crown as equal Treaty partners and… equals. It’s all about unlocking Iwi potential fairly to grow the New Zealand economy in ways Iwi may not have been invited to, before due to conceited oversights.
There’s so much scope here, to get this right.
At the moment, the tone of the news story (in the “quote marks”) reads as if others hidden in the bedroom are being preferenced by The Crown before Maori. It looks sneaky. If Maori took the same stance, we’d sell The Beehive first (also a state asset) without much prior notice, and erect an oil rig on the front lawn as a museum monument of long-standing pig-headed arrogance, gross conceit, racism, sneaky snatch and grab manouevers for elitists and the illegality of greed - if this approach keeps up.
So, that needs a complete rethink on this assets sales process so far.
Shocking! And why is The Waitangi Tribunal always so behind the eight-ball on timetabling? Is The Crown not giving earlier and more transparent notice in the course of timelines and process? If so, that’s totally sketchy too and needs to change.
[Reporting by Audrey Young].
[Note - At the time of writing, Maori men live ten years less than white New Zealanders. Maori are currently locked within a partial poverty divide (doubly compounded by a GFC-fueled bubble). Many Maori are paid 20-30% less for doing the exact same jobs as non-Maori... so the The Crown needs to cut the crap here - on this issue and recognise Maori's legal equality status more. (more…)
The story about the Overseas Investment Office of New Zealand agreeing to sell Tag Oil and USA’s Apache’s oil ventures companies Taranaki land in Inglewood, is the most popular story being read today on Horiwood.Com. The story clocks in at twenty-to-one to the nearest competitor.
It’s safe to say, people don’t want to see New Zealand sold out or for the environment to be ruined either for energy extraction – being shipped away in exchange for often over-printed paper money – at such a huge cost to the earth and people of New Zealand. Read it here.
(note: Tag & Apache are merely early case studies as companies highlighting this trending issue).
UPDATE – Tag Oil’s Drew Cadenhead denies claims TAG has fracked in Inglewood at all and that the land purchased by TAG in Inglewood was grossly overstated by a previous news report. Read his story here.
~Posted by Horiwoodblog, Aotearoa New Zealand, Polynesia Asia-Pacific. 9.5.12~
Canada & Yahoo are in overdrive today to ensure that all Canadians know of the Crafar Farms land sales to China’s Shanghai Pengxin in a deal reportedly worth NZ$210 million ($170 million).
The Drudge Report of the USA features the story titled China Purchases Spark Land Grab Fears In New Zealand on it’s main homepage.
The sale of the farms in question are also being reviewed by the courts of New Zealand before a sale officially proceeds. Alan Crafar the farms previous owner also may secure funding from India’s banks to buy back the farms too. If he was to buy them back, Crafar plans on building his own milk powder processing facility to process the milk to export to India. It’s an interesting case. Read it here.
In the Canada news version, the story is pitted as “exposing the dark side of the New Zealand psyche” in regards to alleged racism towards possible Chinese buyers. If you were really covering this story angle correctly, you’d have to really cover how the farm lands were acquired off Maori tribes of New Zealand originally to do that particular “dark side of New Zealand” story angle any true justice.
Our racism in New Zealand, all stems from racism against Maori people and how land and resources have been acquired from Maori and whether New Zealand’s justice system is adequately allowing Maori to develop with the available resources in just ways as our laws outline. We are still working on fixing that first issue of racism here in New Zealand and teaching new immigrants not to exhibit the same racist attitudes towards Maori and resources of New Zealand, still being exhibited today in many ways.
That’s more the issue rather than ‘xenophobia pastiche stories.’
Incidentally, Maori Iwi have also expressed an interest to buy the farms. New Zealand has had Chinese settlers in New Zealand for over a hundred years. Their descendants are awesome people. The Mayor of Gisborne is just one outstanding Chinese-Kiwi example. He speaks fluent Maori.
Many white New Zealanders still have to learn the Maori language and even pronounce Maori place names correctly. Many new Chinese immigrants actually do this better than many white New Zealanders… so go figure! :)
~Posted by Horiwood Blog, Aotearoa New Zealand, Polynesia Asia-Pacific. 7.5.12~
ENERGY ASSETS SALES ARE REALLY LAND SALES – AN EXPOSE OF CANADA’S GARTH JOHNSON’S OIL WRANGLING WAYS IN TARANAKI
Neil Reid writes in The Sunday Star Times:
“13,000 hectares of farmland sold to a company heavily involved in fracking.”
The land in Inglewood was classified as “sensitive land” meaning it has Maori interests attached to it, still being negotiated by The Crown.
The Overseas Investment Office however, still approved the sale of the land to TAG Oil, under the proviso that to talk about the sale was a no go as it was “confidential.”
Landowners on the East Coast of New Zealand have been refusing to give consent to Tag Oil of Canada and their North American partnering company, Apache Corp to use their land. Still the O.I.O allowed the sale of Inglewood lands to go ahead.
Tag Oil and Apache have managed to skirt the normal resource consent process for oil mining by approval of the O.I.O.
Gareth Hughes - a young politician watching ‘energy’ for The Greens said, “We have such a liberal investment regime that is too easy for these companies to come down to New Zealand and frack our land, then send the profits offshore and we just have a mess left behind when they go.” He called the sale “an outrage.”
Overseas cases reveal that animals are dying, farmland is no longer useable due to toxicity levels and peoples health declines where high fracking is occurring in certain regions of land. Yet still, the O.I.O let the sale of the Inglewood lands go ahead.
In the report that Reid obtained by the O.I.O on Thursday about the TAG-Apache sale, the O.I.O ruled that the deal was ratified for “economic interests.” The O.I.O also wrote that the deal would “advance significant government policy or strategy.” All other documents as to the wheelings and dealings leading up to how the O.I.O came to decide and negotiate are deemed off limits under the “confidential” category.
O.I.O’s Annelies McClure confirmed that Minister for Land Information Maurice Williamson in conjuction with Associate Minister of Finance Jonathan Coleman approved the land sale. TAG deny that fracking has occurred on the land as yet.
The O.I.O office also said, “The O.I.O didn’t consider delaying its recommendation to ministers until the parliamentary commisioner for the environment’s report into fracking was issued. In any event, the recommendation was submitted to ministers before the PCE announced her official investigation into fracking.” (more…)
Today I read in The Sunday Star Times that 13,000 hectares of Taranaki farmland have sold to Canada’s TAG Oil and the USA’s Apache Corp. Their unsustanaiable business plan for Taranaki claims: “there’s potential for thousands of wells. We could extract up to 14 billion barrels of oil.
I typed in the words “Anger as OIO lets fracking firm buy Taranaki Farmland ” on google, what comes up is this from Massive Magazine:
“The water that flows down from Mount Taranaki and through the pristine dairy country that surrounds the tiny settlement of Kapuni is not fit for human consumption. But it’s nothing to do with what’s on the land. It’s what’s happening below it, and it has locals afraid for their health.
Locals say the Kapuni Stream is contaminated and they are blaming the toxic poisons being used by oil companies in an extraction method that has drawn criticism around the world – hydraulic fracturing, or fracking, a process in which liquids laced with chemicals are pumped into the ground at high pressure to force oil to the surface (see diagram ).”
And – “One guy from the oil company told me that they were having difficulty in getting rid of their drilling fluids,” says Sarah Roberts. “Their … waste fluids are even sprayed on to farmland.”
What are we doing in New Zealand?! Does everyone at the OIO deserve to get fired?! Who exactly makes these decisions at the OIO? Can we have a list of names please?! Clearly we are being vampired?! Crimes being committed against the environment too.
What responsibility do oil companies have when these results are being found to occur on the land that remains?! How can politicians smile and say “there isn’t a problem” when results aren’t showing this with oil drilling in NZ? TAG provides 3,500 jobs. Yet what are jobs in this moment vs. land that is rendered unusable to future generations? Or cancer rates increasing as a result of any energy companies totally irresponsible actions?
~Posted by Horiwood Blog, Aotearoa New Zealand, Polynesia Asia-Pacific. 6.5.12~
A hikoi (public demonstration in the form of a protest march) reached New Zealand’s capitol, Wellington, today. The March is called “Aotearoa Is Not For Sale.” This photo was snapped by Doug Sherring at a time in NZ where over 36,000 hectares of prime forestry lands alone were sold by the OIO to Saudi Arabian buyers and other foreign buyers in the last 14 months. The current government intends on selling more assets owned by all New Zealand citizens. NZ has been for sale during that fourteen month time frame mentioned in a big way. A lot of our land mass is now foreign owned. These protestors want to stop more of NZ being sold off.
Most New Zealanders surveyed do not want New Zealand owned energy companies or State Owned Assets (that all New Zealand citizens own collectively) sold. All New Zealand citizens own these currently, although the nation is overspending in reality.
Politician Winston Peters called the move “treason and betrayal.” Protestor Mike Smith conveyed a sentiment of ”economic treason.”
At 61 votes of 121 votes in the House of Parliament sitting on this issue, one politician will need to vote against, to give the protestors what they want. Most New Zealanders are with the protestors on this way.
The sale of the assets would most benefit the 55+ age group of New Zealand citizens, (more…)