Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Tighter controls needed on foreign investment

7 April 2005

Kiwis call for tighter controls on foreign investment

The Greens are urging the Labour Government to listen to the concerns of over 7000 New Zealanders who have signed a petition calling for tighter controls on foreign investment.

The "Stop the Sell-Off of New Zealand" petition, which was launched by the Greens before Christmas, will be presented to Parliament next Tuesday in time to reach the Finance and Expenditure Committee before it deliberates on the Government's Overseas Investment Bill.

"I have been heartened by the widespread support for this petition," said Green Co-Leader Rod Donald. "There has been a steady stream of signed forms arriving at my office and now that the petition is closing, I hope there will be a last-minute flood.

"The Government needs to listen to the thousands of New Zealanders who oppose their plans to make it easier for foreign investors to buy up our land, farms, forests, buildings and businesses."

Mr Donald said the petition called for an end to all land sales to foreign corporations and people who are not permanent residents and for stricter controls on foreign investors wanting to buy buildings and businesses, to ensure that these investments genuinely benefit New Zealand.

"The Overseas Investment Bill takes New Zealand in the opposite direction. While claiming to protect iconic sites, it will actually make it easier for even more of our country and our economy to be controlled off-shore.

"If people want to buy a slice of heaven, they should make a real commitment to our country by living here and contributing to our society. And if companies want to invest here, they should demonstrate that they will bring new technology and create new jobs rather than asset-strip."

Completed petition forms should be sent to Green MP Rod Donald, Parliament Buildings, Wellington (no stamp required) to arrive no later than Monday 11 April. The petition can be downloaded from www.greens.org.nz.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news