New Zealand First is again asking serious questions over why the new special resolution on the proposed sale of our largest meat exporter to Chinese SOE, Shanghai Maling, is based upon a document that has been seriously challenged.
Updates filtered by: Foreign Investment
New Zealand’s largest meat exporter, Silver Fern Farms, has spectacularly backed down after a shareholder revolt and will now seek a special shareholder meeting to approve its sale to Chinese SOE, Shanghai Maling.
Commentators are tripping over themselves to explain the causes of the Auckland housing crisis – but they are avoiding the patently obvious, says New Zealand First.
It’s not just Auckland houses being snapped up by foreign money - sales of large tracts of New Zealand land to foreigners continue unabated, says New Zealand First.
A meeting today in Invercargill for the 130 workers stood down from Prime Range Meats, and for support groups, has been cancelled after the company said the plant would re-start, says New Zealand First.
Another foreign-owned company is in trouble and Deputy Prime Minister Bill English doesn’t want to know, says New Zealand First.
New Zealand First is sick and tired of being labelled racist and xenophobic over the Auckland housing crisis, says New Zealand First.
With the Chinese set to make a substantial investment in Silver Fern Farms, New Zealand First is warning that taxpayer funded research and development worth over $200 million could easily head overseas.
All applications for overseas ownership of New Zealand land have been approved in the past two years.
With New Zealand First’s register of foreign land and housing ownership awaiting introduction to Parliament, all political parties a
New Zealand cannot blame foreign residential investors for taking advantage of New Zealand’s lax investment rules, despite New Zealanders being either shunted out or finding it harder to buy property, says New Zealand First.
A big stake taken by the Singapore Government in Auckland’s Viaduct Quarter is now being seen for what it is – a deal that will be good for someone else’s country, not ours, says New Zealand First.