Tasmanian Times

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

Peter Tucker

NZ cow jokes?

Peter Tucker Thursday, February 28, 2008

THE sheep must have decided to let the cows be the punchline for New Zealand jokes for a while. When the headline “NZ council waiting for answer on Woolnorth” appeared in the Examiner on 16 January this year I remember thinking, WHAT? A local council buying a dairy farm? In another country? They must do things differently in New Zealand; I wonder what Tasmanian ratepayers would think about the HCC going off and buying, say, a coffee plantation in New Guinea? Read more here

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3 Comments

3 Comments

  1. eagle eye

    March 1, 2008 at 11:58 pm

    given the woeful performance of some council investments in the “securities” market (ain’t that an oxymoronic term)/,investment in real estate that produces an income may not be all that stupid, especially at a price that is cheap in comparison to an NZ operation of the same size.

  2. Justa Bloke

    February 28, 2008 at 12:35 pm

    The return on dairy farms is so good that we’re busy converting them all to timber plantations.

    There is a difference between running a business corporation and running a government (local, state or federal). Councils return dividends to ratepayers in the form of services, not money. As long as they aren’t paying ridiculous amounts of interest on loans, they have no need to operate with much of a surplus at all.

    I’m not neessarily defending the HCC’s overall performance, but if I lived in New Plymouth I’d be seriously pissed off.

  3. George Harris aka woodworker

    February 28, 2008 at 1:39 am

    What would you call a hundred Kiwis on Prozac? – once were worriers…!
    Seriously, though, if it is a good investment, then why not? The criteria for deciding this would be to asess whether it is producing greater returns than the suggested ‘closer to home’ options, and whether those returns look stable, or prospectively good into the future. As I understand it, returns to Tasmanian dairy farmers have recently increased, and there is limited capacity for further expansion within New Zealand’s productive capacity, (labour shortages, and etc.?). Closer Economic Relations (CER) between New Zealand and Australia make more things possible, and their international marketing capability, especially in foodstuffs, is something to behold. I also understand there is a global demand for quality dairy product for which the capacity to meet (or not meet) may deliver very bankable prospects.
    Meanwhile, what is the Hobart City Council doing? Blabbering on about something about which it knows fuck all about – forestry practices. In the process it could be exposing the Corporation of the City of Hobart to tort and vexatious litigation of the kind that could deliver hefty legal bills. How smart is that? What will it be doing next? Lecturing the Vatican about heritage building management? Telling Beijing how to run the Olympics? Chiding Paris on its dog control performance? Give us a break! Anyway, I don’t think the City Treasurer’s Department would recognize a decent investment opportunity if they were to trip over it….

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