Tuesday 11th November 2008 |
Text too small? |
Matariki Forests owns the third largest forest estate in New Zealand made up of about 140,000 hectares of radiata pine forest. The NZ Super Fund already owns some forest assets.
FICA chief executive John Stulen says buying back New Zealand's forests make "good financial sense and excellent climate change sense now that emissions trading scheme is law."
"With National's pre-election promise to lift local investment by our KiwiSaver administrators and with many overseas superannuation fund managers so committed to having our forests in their portfolio - it is a no-brainer for the superannuation fund which belongs to our own people."
"Our industry needs Kiwi investors to make the most of the forest products export opportunities for our own people." This alignment of Kiwis making export decisions for other Kiwis in industry works really well in the farming sector - forestry can benefit more from having domestic investment for more win-win opportunities.
No comments yet
AIA - June 2025 Monthly traffic update
CHI - Q2 2025 Operational Update
July 15th Morning Report
BPG - Blackpearl Acquires US AI Platform to Accelerate Growth
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report