New Zealand First is calling for a complete halt to sales of New Zealand farmland to non resident foreign buyers.
Rt Hon Winston Peters says the Overseas Investment Office (OIO) has again betrayed New Zealanders with the sale of one of the country’s biggest farms to North American interests.
New Zealand First has again called for an immediate freeze on property sales to foreign buyers to avoid a ‘backdoor’ sell out of New Zealand land and homes.
New Zealand First deals in facts. Here are three that should cause alarm to all Kiwis.
Fact 1: Foreign nationals are buying up many of our farms and residential properties.
The time is long overdue for the introduction of a comprehensive register of foreign ownership of New Zealand land, says New Zealand First.
Expansion plans by the new Chinese owners of the former Crafar farms is a step towards smashing the dream of young New Zealanders owning their own farms.
The approved sale of the “good bits” of failed insurer AMI is just another case of the “banana republic” economic policies followed by the National coalition government, says Rt Hon Winston Peters.
New Zealand First says Fonterra’s arrogant attitude towards domestic milk pricing has created a hostile public climate that the government is now exploiting to help foreign owned dairy companies.