Topic “Crafar Farms” — Exporter Magazine

New Zealand’s opposition leader David Shearer wants a law change so governments have to throw out any foreign bid to buy New Zealand farms, unless the offer would result in more jobs and more exports than any New Zealand bid could, the NZ Herald reported. The Michael Fay-backed Crafar Farms Purchase Group has vowed to continue to fight against the land from being sold offshore and says today’s decision to approve the farm sale to Shanghai Pengxin Group “sets up open season for foreign buyers”, the NZ Herald reported.