Parker has no sympathy for developers of luxury homes under OIA changes
Forestry registration rights are also to be brought into the Overseas Investment screening regime. Plus NBR Readers Poll results on luxury home exemption.
Trade Minister David Parker has rejected arguments luxury homes should be excluded from legislation banning the sale of houses to foreigners.
Mr Parker is heading to Chile to sign the Comprehensive and Progressive Agreement for Trans-Pacific Partnership but back here he is also the minister
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Brent Edwards
Wed, 07 Mar 2018
Wed, 07 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Parker has no sympathy for developers of luxury homes under OIA changes
73796