NZ First needs a headline

Colin Craig is a younger, fresher option for people who might have been attracted to Winston Peters.

Craig’s Conservative Party has been getting headlines and that’s bestirred a New Zealand First MP to go in search of one too.

He found it in NZ First will stop farm sales to foreigners:

. . . New Zealand First is calling for a complete halt to sales of farmland to non resident foreign buyers, its primary industries spokesman Richard Prosser says.

“Under a New Zealand First-influenced government there will be no more sales of farmland to non resident foreigners, full stop.

“This road leads to peasantry and New Zealanders being tenants in our own country,” Prosser said.

Not surprisingly the rhetoric isn’t supported by the facts:

Though there is no formal record of how much land is owned by offshore investors Overseas Investment Office land information manager Annelies McClure said “Current best estimates are that between 1% and 2% of New Zealand farmland is held by overseas interests.”

That figure excludes forestry and land, such as areas of native bush, not in productive use. . .

Prosser’s rant has been prompted by plans for Synlait Milk to sell to the Pengxin Group.

He doesn’t factor in the foreign exchange this will bring into the country and what those who sell their shares might do with the money they’ll get for them.

But then that wouldn’t get the attention-grabbing negative headline he wanted.

It might not do him and his party any good though because the Conservatives are not keen on foreign ownership either.

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2 Responses to NZ First needs a headline

  1. Gravedodger says:

    I thought Synlait already had a significant foreign shareholding?

  2. Boris says:

    Just a couple of points; Craig is a liar and a hypocrite who can’t be honest about being a Christian – he claims he isn’t, he’s just a Baptist who prays every day. He claims to be opposed to foreign ownership but makes his money by managing properties for non-resident mostly Chinese foreign property owners.

    Also the FTA with China means Shanghai Pengxin can export direct to China without bringing in foreign exchange at all.

    Think I’ll stick with National on their own.

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