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.
Updates filtered by: Foreign Investment
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.
Let’s talk about foreign money. The goal is to have it work for New Zealand.
New Zealand will only benefit if we are selective about what money comes in and where it is spent. We must separate the good money from the not so good.
Rotary Club of Wellington Speech
Monday 14 April, 12.30pm
James Cook Hotel, The Terrace, Wellington
New Zealand First’s Vision for New Zealand
New Zealand First says news that foreign nationals are buying real estate to fast-track their visa applications makes it imperative for measures to be introduced to stop the practice and make housing more affordable for New Zealanders.