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Showing posts with label foreign investors. Show all posts
Showing posts with label foreign investors. Show all posts

Thursday, September 30, 2010

Selling the farm









"Most New Zealanders have a pretty realistic compass on the New Zealand investment market" says Federated farmers chairman Don Nicolson, when shown a poll that reveals that 40% of New Zealanders are happy for overseas investors to buy local farmland.

I mull over Nicolsons statement.

I have strong reservations about it's truth.

"The poll of 500 people aged 15 was conducted by telephone" (This must be misreporting, surely!)

"Respondents were asked whether they believed overseas-owned businesses should be able to buy or invest in New Zealand farms or farmland"
(That seems like two questions right there Mr poll-writer! Invest or buy - which is it? Seems it's convenient to blend the two terms in the minds of ordinary New Zealanders)

The article begins;
"More than 40 per cent of New Zealanders are happy for overseas investors to buy local farmland - a level of support that has pleased Federated Farmers".
(Federated Farmers are pleased that New Zealanders support the selling of NZ farms to off-shore buyers?
That's a sad situation for us all to be in)

That's as dodgy as it gets, in my book!