Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Key's Double Talk on Land Sales Disturbing

Key's Double Talk on Land Sales Disturbing


John Key is reported (Press, 18/3/14) as telling iwi leader Sir Mark Solomon and the public different things concerning NZ land sales to China.

Solomon was told the Government is encouraging China to lease rather than buy NZ land, whilst publicly Key denies there is any change to "the rules around foreign investments".

This double talk suggests Key will convey open sesame to China during a visit that commences today, and another position to the NZ public who are increasingly concerned about the sale of NZ property to China and other foreign interests.

Despite Government assurances to the contrary, land sales to foreign interests are dramatically increasing. Here are the latest available overall figures, from the Key Facts page of the CAFCA Website http://canterbury.cyberplace.co.nz/community/CAFCA/keyfacts.html


In 2012, the Overseas Investment Office approved the sale of 43,080 hectares of freehold rural land and 8,554 hectares of leases and other interests in land to foreigners. About 10,000 hectares of the freehold land and almost all the leases and other interests in land were from one foreign investor to another. In the decade 2003 to 2012, the average was 133,942 hectares of freehold and 60,435 hectares of leases and other interests in land approved for sale. Statistics on sales of land to overseas interests are poorly recorded and incomplete. Our best estimate is that in 2011 at least 8.7 percent of New Zealand farmland including forestry, or 1.3 million hectares, is foreign-owned or controlled and it could have reached 10 percent. (Sources: Overseas Investment Commission and Overseas Investment Office. “Overseas Ownership Of Land: Far Greater Than The 1% The PM Claims”, by Bill Rosenberg http://www.converge.org.nz/watchdog/29/02.htm)


John Key must cut out the double talk and signal a firm change of policy over foreign investments in NZ to both China and the New Zealand people

And why stop at China when talking about making foreigners lease rural land, as opposed to buying it?

This needs to be an across the board policy, not simply confined to one country because that happens to the one that is giving the Government political grief at the moment

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Another Leader Exiting: Statement From Peter Dunne

I have concluded, based on recent polling, and other soundings I have been taking over the last few weeks, that, the volatility and uncertainty notwithstanding, there is now a mood amongst Ōhāriu voters for a change of MP, which is unlikely to alter...

“I have therefore decided that it is time for me to stand aside, so the people of Ōhāriu can elect a new electorate MP. More>>

 

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>

ALSO:

Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>

ALSO:

Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>

ALSO:

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election