Shane Jones was doing so well sticking up for Anadarko, but this morning he has gone and undone all that good work by attacking Hancock.
The NZ Herald reports:
Labour’s outspoken economic development spokesman Shane Jones has lashed out at “arrogant” foreign owners of New Zealand’s forests, saying their pursuit of the highest possible profits comes at the expense of local workers, communities and the wood processing industry.
Jones’ comments come as he and industry figures ring alarm bells that local processors are being priced out of the log market as skyrocketing Chinese demand drives prices higher.
“There’s a hell of a lot of fear now in the wood processing sector that they cannot secure adequate contracts that give them affordable and durable supplies,” Jones said. “It’s got to the point that the viability of their businesses is being threatened.”
The problem was particularly acute for regions including Jones’ home territory of Northland where sawmills were among the few employers of young Maori.
He pointed the finger at the foreign-owned timber management organisations (timos) which own much of New Zealand’s forests including US company Hancock.
“The timos, in particular Hancock, have become arrogant,” he said. “They’re flicking away all the domestic New Zealand producers and they’re chasing the speculative Asian market.”
That was a slap in the face for the communities which effectively subsidised their businesses.
“These foreign-owned companies rely on ratepayers to upgrade roads so they can move their logs to the ports, they rely on New Zealand’s social insurance when workers in the forests are killed.
“The foreign owners’ agenda has eclipsed the rights and interests of the New Zealand taxpayer and workforce, this is not a sustainable forest policy.”
Apart from the fact it’s funny that porn fan Shane Jones is talking about Han(d)cock - his outburst seems quite hypocritical.
It was Labour who gifted them such a dominant market position in the first place.
It was David Parker who approved the largest foreign land sale ever recorded under the Overseas Investment Act back in 2006: 240,517.4 hectares (176, 900 freehold and 63,600 leasehold) sold to Hancock.
Whoopsy…stick with oil drilling Shane, you are on much safer ground there.