web analytics

No SOE saviour for Key over Crafar farms

Written By: - Date published: 4:28 pm, July 13th, 2010 - 36 comments
Categories: Environment, farming, Politics - Tags: ,

Just spotted in the NZ Herald that receivers for the Crafar dairy farm empire have announced that state-owned farmer Landcorp has been unsuccessful in its attempt to buy the properties:

Green Party co-leader Russel Norman said the failure of the Landcorp bid now meant Prime Minister John Key had to “back up some of his statements”. Norman said that it now meant the Government “hadn’t been let off the hook – it looked like there might have been an opportunity for the Government to have been let off the hook by Landcorp buying them.”

Key made comments to The Dominion Post saying he “wouldn’t want to see a wholesale sale of New Zealand’s land productive sector”. So what is he going to do now?

According to RadioNZ, Landcorp chief executive Chris Kelly says the failure of its bid is disappointing, but it put in what it considered was a realistic offer, based on current farm values. Does that imply overseas interests are willing to pay more to get access to the land? I’d rather see it locally (and state) owned even if the taxpayers have to pay a bit more.

36 comments on “No SOE saviour for Key over Crafar farms ”

  1. michaeljsavage 1

    Here we go … im off to learn Mandarin …phrases like “use rots of rube big boy” and “butta is too fruking expensive dude” and “how far you wanna me to ben ova big guy” and “i suppose a brow job is outa da question bro?” spring to mind.

    No guessing games as to who will be successful.

    • OleOlebiscuitBarrell 1.1


      What an amusing little accent? Do you do a maori one too? Can we hear it?

  2. Kevin Welsh 2

    If it goes to an overseas owner, then then the farming fan base of NACT are not going to be happy.

    • Lanthanide 2.1

      Interesting angle.

    • loota 2.2

      I really think the farming fan base would be fine with it. This is the fan base which owns the farms obviously, not the ordinary labourers who *work* the farms. Sell their businesses off to foreigners willing to pay over the odds for the farms, the former owners can live the high life ever after while the rest of the country gets cluster***ked to the poor house.

  3. OleOlebiscuitBarrell 3

    I’d rather see it locally (and state) owned even if the taxpayers have to pay a bit more.

    ‘ course you would. While we are at it, the taxpayer should shell out to pay the employees more than the market rate. That’d be nice. And then we should think of lots of other things for the owner of the business to lavish money on, because they’d be nice too.

    This is how we got into this mess the last time. Well meaning people being profligate with other people’s money.

    • loota 3.1

      OleBiscuit there are little wee benefits for the country to keeping the farms in NZ ownership, you know things like keeping hard foreign currency profits on shore, helping to reduce not increase the balance of payments deficit, things like that.

      And no, “well meaning people being profligate with other people’s money” is no explanation for why NZ is sliding backwards in the OECD rankings.

      Our inability to generate large sums of foreign income through the activity of high value added industries and services and then hold those proceeds on shore is.

  4. michaeljsavage 4

    Biscuitbarrell … your political philosophies wont matter a tinkers toss if your country is controlled by a foreign power. First thing to go will be the right to comment freely on a blog.

    What will you do then …. Lodge a protest with party central?

    rotorua taupo – taihape taumarunui – taupo otorohanga – and other rude japanese words. Well – you wanted maori so im giving it out for you to appreciate.


  5. michaeljsavage 5

    It actually amazes me how commenters on the right (or the deluded) seem to have so much faith in New Zealand – that they never contemplate the downside of erosion of culture, mores, values, etc etc and of course – of the downside of kowtowing to other nations with a less than democratic set to their jib?

    Then they willingly allow the crafar possibilities to happen – its like the world economic meltdown – everyone is freemarket, let the market find its own way … and when the brown stuff hits the fan they come running back to socialist mummy and use intervention and centralised planning?

    • Bored 5.1

      The reason for all your issues is because for the last 30 years or more debate has been focused around a limited vocabulary that is designed to give accountancy answers, no values other than money have been allowed to intrude. Nobody asks what the overall good is, for whom and why, is this just, is this desirable or is this sustainable etc etc? Only what does the bottom line of this one thin defined transaction look like? What f***king debate?

      For yet another time get the picture everybody, its about the language: frame the language if you want to frame the debate.

  6. michaeljsavage 6

    most importantly – the allowing of foreign investors to buy up portions of New Zealand ….they will be the first to come bleating when they lose their nation… too late

  7. eye saw 7

    How long before chinese troops turn up to protect their lands?

    • OleOlebiscuitBarrell 7.1

      The nut jobs really are out today. So, in summary, if this woman who happens to be Chinese, buys the Crafar farms you guys are seriously worried that:

      a. the blogs will be shut down; and
      b. Chinese troops will invade.

      • loota 7.1.1

        The Chinese have never been afraid to use their economic muscle to influence local politics throughout the Pacific, but I have to say, I don’t think that the PLA has the capability to land an amphibious force here.

        Notwithstanding any of that, any country losing ownership of its main income earning assets is on the way to being cluster***ked to the poorhouse.

        Just watch NZ continue its slide to number 30+ in the OECD if this shenanigans continues.

      • loota 7.1.2

        Also I think its accurate to say that this woman doesn’t just happen to ‘be’ Chinese, she ‘represents’ Chinese Government business interests in the Crafar farms. Slightly different again.

        • Armchair Critic

          The receivers had more than just the two well-publicised bids from Landcorp and a chinese consortium. Let’s assume that, with Landcorp out of the running, the receivers will sell to the chinese consortium. In her last adventure in the world of business, the woman fronting the bid took $20million and turned it into less than $1million. With skills like that, imagine what she could do with $200million.

      • felix 7.1.3

        Actually I think what he’s saying is that if this company – which happens to be the Chinese govt – buys a lot of farms then the most powerful authoritarian dictatorship, one of the most violent, repressive and controlling in the world, will own a whole lot of NZ land and business and productive assets and therefore have a real interest to protect in the direction our society takes, our political decisions etc.

        You don’t want to discuss this reality though so carry on with your stupid distractions.

        • loota

          Even so Felix, I don’t think the Chinese would send their own troops here to protect their land, they could hire the Mob for instance. Cheaper and faster to outsource this kind of work to the locals who know the ground. Yeah ok I’m (half) kidding.

        • OleOlebiscuitBarrell

          Why didn’t they say this then, instead of saying:

          “First thing to go will be the right to comment freely on a blog.”


          “How long before chinese troops turn up to protect their lands?”

          Silly me for thinking these things meant what they said. And when michaeljsavage and eyesaw say them, why is my repeating them verbatim a distraction?

          • felix

            Because you know what they meant whether you care to admit it or not but you’d rather argue semantics than address the issues.

            *cue semantic bullshit about why semantic isn’t the exact word to use here.

        • comedy

          According to the herald piece

          “This purchase of Crafars farms is just 8615 hectares out of more than 2 million hectares of dairy farmland and …. involves only 25,000 cows in a national herd of around 5 million cows”

          I’m a bit ambiguous about the whole thing trying to balance nationalism vs liking to see a bit more competition in the diary industry which led to lower prices for milk, butter and cheese.

          • loota

            There’s no real competition is tehre? Baseline prices are set by international markets, if the NZ local price goes lower than that produce will be shipped overseas instead and not enter local stores because that’s where the higher prices will be.

  8. michaeljsavage 8

    Frankly – by the time some of them realise whats happened – it will be too late. its not about chinese or obi wan kenobi for that matter. Its about sovereignty and national integrity.

    If you or anyone else wants the pervasive influence of a one party state that squashes dissent at the point of a gun, to be controlling elements of our infrastructure good luck to you.

    We are being colonised – and some people who have supposedly come to live here as NZ citizens are in fact quite nationalistic about their country of birth … including at least one Labour and one National Elected MP … Key said he saw no advantage to NZ in foreign ownership of farms.

    A Chinese trade group was caught some 5 years ago trying to smuggle KiwiFruit cuttings out of the country after a visit to a research station. Their approach is one eyed and xenophobic. They regard anything as allowable if they win. Winning is all that counts. Welcome to what the new right espouse for all of you and your children. Its a wonderful world of dog eat dog – like “Robocop – the extended version” complete with sex and violence – and not one ounce of compassion” – much like a hip hop vid actually. Key and Hide would sell their grandmothers if they thought there was a political point in it for them and their perverted approach to government.

    Churchill was called a warmonger (and he was a tory – after changing parties at least once) – but he was right.

    Some people may be laughing on the other side of their faces one day..

  9. Draco T Bastard 9

    We really need to ban foreign ownership outright. It’s bad for our economy and bad for our sovereignty.

  10. tc 10

    Yet another example of what crap pours out of Sideshows mouth as he just says whatever he thinks is good PR…….taking a leaders perspective and actually considering the response is way too hard.

    Never mind he’ll be comfortable and relaxed like the flexible moral vacum he represents in this NACT gov’t.

    I don’t really care about the actual farms it’s just another example of what a bufoon we have as a PM.

  11. eye saw 11

    I have a concern with our land being owned by foreigners fullstop.
    If that makes me a nut job then good.
    Already we have the chinese interfering in our democracy with the protest of a documentary being screened by mtv and normans protest,what else do you think they will attempt to control when they own land etc here?
    I think maybe your biscuits are a little crumbly.

  12. Lew 12

    So much for the conspiracy theory that the Landcorp bid was a jack-up to force the Chinese bid to fail and nationalise the land by stealth.


  13. Rex Widerstrom 13

    I’d rather see it locally (and state) owned even if the taxpayers have to pay a bit more.

    Me too, but I was quite enamoured of the idea advanced by calendar_girl whent this was raised on Kiwiblog:

    To me, if Landcorp feels a need to get involved in the Crafer farms (a poor precedent in my view) then facilitating early ownership of those farms by capable young NZ farmers in the private sector seems like a pragmatic “public practice’. It doesn’t require a wider debate on the rights and wrongs of world economics such as you have in mind.

    Considering it could have been done by way of vendor finance rather than actual loans I thought it a particularly good idea. Where’s creative thinking like that at government level?

  14. Irascible 14

    If Key hadn’t turned the Trade mission to the ME into a farce but scuttling and running from a situation he was out of his depth in he could have done some serious speculation in NZ property rights with the sovereign funds being invested by the oil rich ME states.
    The ME states have bought up Harrods, the US Embassy building, Canary Wharf, Raffles Hotels and lots of other real estate at premium prices recently. A pity the speculator couldn’t see a better partnership and profit than the group he seems to have curried favour with.

  15. millsy 15

    I bet you anything that the Chinese government leaned on the recievers to turn down the bid from Landcorp.

    Personally, I would rather the Chinese use the PLA to take over this country. At least that would be the honest way.

  16. Jum 16

    You don’t have to invade to own a country. You just buy and control its land, food supplies, communications, defence, labour resources, water resources, power…

    This government has no loyalty to New Zealanders, only loyalty to their private (overseas?) bank accounts and their cheap labour source (that’s New Zealanders by the way). If they have money and power they believe no country is worth their loyalty.

    New Zealand’s wealth is being given away for NAct members’ personal greed. Crafar farms, foreignors taking New Zealanders’ jobs in building rail coaches, are important in that they represent the line in the sand which NAct has crossed.

    We need to make them regret doing so.

Links to post

Recent Comments

Recent Posts

  • COVID-19 vaccine slated for possible approval next week
    The green light for New Zealand’s first COVID-19 vaccine could be granted in just over a week, Prime Minister Jacinda Ardern said today. “We’re making swift progress towards vaccinating New Zealanders against the virus, but we’re also absolutely committed to ensuring the vaccines are safe and effective,” Jacinda Ardern said. ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • New ACC Board members announced.
    The Minister for ACC is pleased to announce the appointment of three new members to join the Board of ACC on 1 February 2021. “All three bring diverse skills and experience to provide strong governance oversight to lead the direction of ACC” said Hon Carmel Sepuloni. Bella Takiari-Brame from Hamilton ...
    BeehiveBy beehive.govt.nz
    9 hours ago
  • Economic boost for Southland marae
    The Government is investing $9 million to upgrade a significant community facility in Invercargill, creating economic stimulus and jobs, Infrastructure Minister Grant Robertson and Te Tai Tonga MP Rino Tirikatene have announced.  The grant for Waihōpai Rūnaka Inc to make improvements to Murihiku Marae comes from the $3 billion set ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • Celebrating the Entry Into Force of the Treaty on the Prohibition of Nuclear Weapons
    [Opening comments, welcome and thank you to Auckland University etc] It is a great pleasure to be here this afternoon to celebrate such an historic occasion - the entry into force of the Treaty on the Prohibition of Nuclear Weapons. This is a moment many feared would never come, but ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Supporting disabled people to stay connected
    The Government is providing $3 million in one-off seed funding to help disabled people around New Zealand stay connected and access support in their communities, Minister for Disability Issues, Carmel Sepuloni announced today. The funding will allow disability service providers to develop digital and community-based solutions over the next two ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Voluntary saliva testing offered to quarantine workers from Monday
    Border workers in quarantine facilities will be offered voluntary daily COVID-19 saliva tests in addition to their regular weekly testing, COVID-19 Response Minister Chris Hipkins said today. This additional option will be rolled out at the Jet Park Quarantine facility in Auckland starting on Monday 25 January, and then to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Next steps in firearms buy-back
    The next steps in the Government’s ambitious firearms reform programme to include a three-month buy-back have been announced by Police Minister Poto Williams today.  “The last buy-back and amnesty was unprecedented for New Zealand and was successful in collecting 60,297 firearms, modifying a further 5,630 firearms, and collecting 299,837 prohibited ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Jobs for Nature projects target iconic ecosystems
    Upscaling work already underway to restore two iconic ecosystems will deliver jobs and a lasting legacy, Conservation Minister Kiri Allan says.  “The Jobs for Nature programme provides $1.25 billion over four years to offer employment opportunities for people whose livelihoods have been impacted by the COVID-19 recession. “Two new projects ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Public Housing Plan announced
    The Government has released its Public Housing Plan 2021-2024 which outlines the intention of where 8,000 additional public and transitional housing places announced in Budget 2020, will go. “The Government is committed to continuing its public house build programme at pace and scale. The extra 8,000 homes – 6000 public ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Prime Minister congratulates President Joe Biden on his inauguration
    Prime Minister Jacinda Ardern has congratulated President Joe Biden on his inauguration as the 46th President of the United States of America. “I look forward to building a close relationship with President Biden and working with him on issues that matter to both our countries,” Jacinda Ardern said. “New Zealand ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Jobs for Nature funding will create training and employment opportunities
    A major investment to tackle wilding pines in Mt Richmond will create jobs and help protect the area’s unique ecosystems, Biosecurity Minister Damien O’Connor says. The Mt Richmond Forest Park has unique ecosystems developed on mineral-rich geology, including taonga plant species found nowhere else in the country. “These special plant ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pre-departure testing extended to all passengers to New Zealand
    To further protect New Zealand from COVID-19, the Government is extending pre-departure testing to all passengers to New Zealand except from Australia, Antarctica and most Pacific Islands, COVID-19 Response Minister Chris Hipkins said today. “The change will come into force for all flights arriving in New Zealand after 11:59pm (NZT) on Monday ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Bay Cadets learn skills to protect environment
    Bay Conservation Cadets launched with first intake Supported with $3.5 million grant Part of $1.245b Jobs for Nature programme to accelerate recover from Covid Cadets will learn skills to protect and enhance environment Environment Minister David Parker today welcomed the first intake of cadets at the launch of the Bay ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Cook Islanders to resume travel to New Zealand
    The Prime Minister of New Zealand Jacinda Ardern and the Prime Minister of the Cook Islands Mark Brown have announced passengers from the Cook Islands can resume quarantine-free travel into New Zealand from 21 January, enabling access to essential services such as health. “Following confirmation of the Cook Islands’ COVID ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Supporting communities and landowners to grow employment opportunities
    Jobs for Nature funding is being made available to conservation groups and landowners to employ staff and contractors in a move aimed at boosting local biodiversity-focused projects, Conservation Minister Kiritapu Allan has announced. It is estimated some 400-plus jobs will be created with employment opportunities in ecology, restoration, trapping, ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Border exception for some returning international tertiary students
    The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began. The exception will allow students to return to New Zealand in stages from April 2021. “Our top priority continues ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Tiwai deal gives time for managed transition
    Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New member for APEC Business Advisory Council
    Prime Minister Jacinda Ardern has appointed Anna Curzon to the APEC Business Advisory Council (ABAC). The leader of each APEC economy appoints three private sector representatives to ABAC. ABAC provides advice to leaders annually on business priorities. “ABAC helps ensure that APEC’s work programme is informed by business community perspectives ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Govt’s careful economic management recognised
    The Government’s prudent fiscal management and strong policy programme in the face of the COVID-19 global pandemic have been acknowledged by the credit rating agency Fitch. Fitch has today affirmed New Zealand’s local currency rating at AA+ with a stable outlook and foreign currency rating at AA with a positive ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Additional actions to keep COVID-19 out of NZ
    The Government is putting in place a suite of additional actions to protect New Zealand from COVID-19, including new emerging variants, COVID-19 Response Minister Chris Hipkins said today. “Given the high rates of infection in many countries and evidence of the global spread of more transmissible variants, it’s clear that ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • 19 projects will clean up and protect waterways
    $36 million of Government funding alongside councils and others for 19 projects Investment will clean up and protect waterways and create local jobs Boots on the ground expected in Q2 of 2021 Funding part of the Jobs for Nature policy package A package of 19 projects will help clean up ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • New Zealand Government acknowledges 175th anniversary of Battle of Ruapekapeka
    The commemoration of the 175th anniversary of the Battle of Ruapekapeka represents an opportunity for all New Zealanders to reflect on the role these conflicts have had in creating our modern nation, says Associate Minister for Arts, Culture and Heritage Kiri Allan. “The Battle at Te Ruapekapeka Pā, which took ...
    BeehiveBy beehive.govt.nz
    3 weeks ago