Just like you, but different
There are a couple of “things” that seems to be lighting up my twitter timeline, newspaper opinion pages, and left and right-wing bloggers.
Mostly its anti-government sentiment, anything that the current National government do seems to be not well received. Mostly by people who voted Labour in the election and had their politicians fail to gain enough votes to make it into government, such is life. So their angst is one of a poor loser, calling foul and crying wolf over pretty much everything, sometimes with justification, mostly it’s just whingeing about how their lot would do it better or not at all.
But there are a couple of things that are very raw and sore points, this is one;
It’s not a problem to sell farms to James Cameron on the proviso he comes here for 10 days every other year, of to allow Shanaia Twain to buy a chunk of land. Or various other sales to countries of other nationalities
But a few clicks on the interwebtubes brings forth this;
Currently, it is our forest plantations where much of the foreign ownership is found.However, the only comprehensive statistics I have found are from the FAO document database and relate to 1999. At that stage about 72% of our pine forests were foreign owned, with United States companies owning about 35% and Asian companies about 12%. More recent data is incomplete but foreign ownership appears to have further increased.
Our wine industry is also predominantly foreign owned. Montana is owned by French giant Pernod Ricard. Nobilo, Selaks, Kim Crawford and Monkey Bay are owned by American company Constellation. Well known brands such as Cloudy Bay, Matua and Wither Hills are all foreign owned. Although many other wine companies are still Kiwi, they tend to be the small companies, and on a volume basis about 70% is foreign owned. The foreign owned companies have their own estates and then purchase additional grapes from Kiwi contract farmers
In 2005, the OIC approved the sale of 149,473 hectares of rural land to foreigners, of which about 100,000 hectares was from one foreign investor to another. Foreign owned land covers more than one million hectares or about 7% of our commercially productive land area
However, this current outrage and angst comes down to two reasons and It’s because
The National party have indicated that they are going to partially sell some of the few remaining assets we have – such as power generation.
The furore in this is the almost laughable outrage that this has generated as if it’s a first time thing, and that no one has every done this ever. Fact is that NZ has sold off almost everything it has to private ownership and frankly there are only a few things left worth anything to anyone. Fait play to the ‘opposition’ on this who’ve stirred up wild fears and a catch-cry of “tenants in our own land” hysteria.