ISSUE
Friday, August 15, 2025
Volume 16 . Issue 72
Frequently foreign investment is mentioned as being important to New Zealand and New Zealand First supports sensible foreign investment.
However, we must be selective about what money comes in and where it is spent. We must separate the good money from the not so good.That’s being smart about foreign investment.
The money that is not working for the benefit of New Zealand is the foreign money that is focused on buying homes, land and small unprofitable businesses. This is merely a transfer of wealth from New Zealand hands to foreign hands.
House prices have been on the way up for some time, pushed by the pressure from foreign buyers. Packed auctions of foreign buyers and real estate sites and agents dedicated to attracting foreign buyers are clear signs something is amiss.
New Zealand will not benefit from people coming here to live a wonderful lifestyle, we need people coming in with their skills and experience or as big investors wanting to create jobs for Kiwis. We do not want speculators who are buying up large to enrich themselves. There is no value in this for New Zealand.
We are losing young people because they cannot afford to buy a home. How crazy this is, allowing our previous young people to be forced to move overseas because foreign buyers are denying them a chance to own their own home.
It has already happened with our farmland. Foreign money has ended the dreams of Kiwis who wanted to own a farm. Who better to be custodians of our land than Kiwis who have learned from their parents and grandparents about farming for economic returns while looking after the land for the future.
Foreign money being used to buy $2 shops and similar small businesses that struggle to make a profit is just a front for buying residency, it is not foreign money that New Zealand benefits from.
New Zealand First wantsto encourageforeign investment that will create new industries and businesses to employ New Zealanders and generate exports.
We have had five years of little foreign investment that adds to New Zealand’s growth. Money has come in to buy existing properties and industry, but the profits go overseas.
New Zealand can be clever with foreign money. We must be selective, smart and put our needs first.
Frequently foreign investment is mentioned as being important to New Zealand and New Zealand First supports sensible foreign investment.
However, we must be selective about what money comes in and where it is spent. We must separate the good money from the not so good.That’s being smart about...
Frequently foreign investment is mentioned as being important to New Zealand and New Zealand First supports sensible foreign investment.
However, we must be selective about what money comes in and where it is spent. We must separate the good money from the not so good.That’s being smart about foreign investment.
The money that is not working for the benefit of New Zealand is the foreign money that is focused on buying homes, land and small unprofitable businesses. This is merely a transfer of wealth from New Zealand hands to foreign hands.
House prices have been on the way up for some time, pushed by the pressure from foreign buyers. Packed auctions of foreign buyers and real estate sites and agents dedicated to attracting foreign buyers are clear signs something is amiss.
New Zealand will not benefit from people coming here to live a wonderful lifestyle, we need people coming in with their skills and experience or as big investors wanting to create jobs for Kiwis. We do not want speculators who are buying up large to enrich themselves. There is no value in this for New Zealand.
We are losing young people because they cannot afford to buy a home. How crazy this is, allowing our previous young people to be forced to move overseas because foreign buyers are denying them a chance to own their own home.
It has already happened with our farmland. Foreign money has ended the dreams of Kiwis who wanted to own a farm. Who better to be custodians of our land than Kiwis who have learned from their parents and grandparents about farming for economic returns while looking after the land for the future.
Foreign money being used to buy $2 shops and similar small businesses that struggle to make a profit is just a front for buying residency, it is not foreign money that New Zealand benefits from.
New Zealand First wantsto encourageforeign investment that will create new industries and businesses to employ New Zealanders and generate exports.
We have had five years of little foreign investment that adds to New Zealand’s growth. Money has come in to buy existing properties and industry, but the profits go overseas.
New Zealand can be clever with foreign money. We must be selective, smart and put our needs first.
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