New Zealand First is asking what the point of the Financial Markets Authority (FMA) is, with its report on Silver Fern Farms not being worth the paper it is written on.
Updates filtered by: Foreign Ownership
Gore District Council
1pm, Monday, 23rd May 2016
John Key’s government must think New Zealanders are complete idiots on foreign buying of NZ houses, says New Zealand First Housing Spokesperson Denis O’Rourke.
Foreigners who have bought land or businesses and are found to have lied on their application should forfeit the asset, says New Zealand First.
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.
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.
Silver Fern Farms Board has been caught misleading the media by claiming that shareholders had no concerns while it was being petitioned for a Special Annual General Meeting regarding its proposed sale to Shanghai Maling.
It is economic folly and a slap in the face to New Zealanders for mainly foreign-owned companies to be allowed to export our water and sell it at a profit, when the nation receives nothing in return, says New Zealand First.
The PM is paving the way for more Chinese land and asset ownership in NZ by promising faster decision making, says New Zealand First Leader and MP for Northland Rt Hon Winston Peters.