Super fund should buy more forests

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.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

AFI - Dividend Guidance for FY27 and Move to Quarterly Dividends
SKO - Serko FY27 Interim Results Announcement Date - 16 November
NZK - Proposed Share Transaction Requiring Shareholder Approval
BIF - capital commitment made to BIF
HGH - Heartland shareholders approve proposed TSB merger
TWL Annual General Shareholders' Meeting 2026 Results
TEM - Transaction in Own Shares
BIT Transaction in Own Shares
WHS - The Warehouse Group FY26 Annual Results
WHS - The Warehouse Group to hold Investor Day