Winston Peters: NZ First Leader on the changes to investment rules that allow foreign investors to buy property

New Zealand First Leader Winston Peters says he wasn't dragged kicking and screaming into a new foreign investors deal.  The Government’s approved changes to allow people with an investor residence visa to buy or build one home, starting at $5 million.  They’re required to invest an extra $5 million into the economy to qualify.  Peters told Mike Hosking he supports the changes and wants to make very clear it's not a change to the foreign buyers ban.  He says it's a change to investment rules to attract money to the country that we desperately need.  LISTEN ABOVE  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.