Alf salutes the PM this morning, on reading that John Key doesn’t want New Zealanders to become tenants in their own country as foreign companies seek to buy up farms.
The Government therefore may look at law changes.
The issue has arisen in the wake of a Chinese company’s bid to buy the Crafar farms.
Key would not comment directly on the Crafar farms issue because it’s before the Overseas Investment Office, although it’s fair to think that in this case the OIO is taking a bit more time to look into the matter than it normally tends to do.
If we had Olympic Games for rubber stamping overseas investment approvals, the OIO would be among the medal winners, probably with a gold and a world record.