A future course The transtasman wood industry by 2015

摘要

IF BANKERS WERE PAID ON THE accuracy of their foreign exchange predictions, the best of them would be living in caravans, or worse. Hopefully. I will do better. My predictions are all based on 'mid-cycle' FX and shipping costs. Be warned though majorvariations can throw predictions to the wind. Also. I'm assuming that the New Zealand industry is unable to pull itself together in a cooperative manner. This may be an unduly pessimistic view. I certainly hope so.