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Pattrick Smellie: Is NZ First on board with the new rules for foreign investors?

Author
Newstalk ZB,
Publish Date
Wed, 12 Feb 2025, 7:52pm
Photo / NZ Herald
Photo / NZ Herald

Pattrick Smellie: Is NZ First on board with the new rules for foreign investors?

Author
Newstalk ZB,
Publish Date
Wed, 12 Feb 2025, 7:52pm

It's looking more likely that NZ First is on board with the new rules for foreign investors - including a shake-up for overseas buyers of property.

New reports claim NZ First is set to agree to allow wealthy people to purchase homes over a certain threshold - it's rumoured to be $5 million.

BusinessDesk's Pattrick Smellie explains further.

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