Cupressus in general seem to make good nurse trees for NZ native understorey shrubs. They can have a very dense canopy when young preventing growth of understorey plants by shading and they are almost as efficient as pines and eucalypts at intercepting soil moisture.
Mike's point about poisoning refers to the abortive potential of the volatile oils that cause spontaneous abortion during the third trimester in mammals, most commonly reported with cattle and C. macrocarpa.