![Probe into island sale fails to uncover evidence](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Probe into island sale fails to uncover evidence
A five-year investigation into the sale of Motukawaiti Island has failed to turn up enough evidence for the OIO to launch a prosecution.
A five-year investigation into the sale of Motukawaiti Island has failed to turn up enough evidence for the OIO to launch a prosecution.
If an investment fund started buying up NZ dairy farms and dairy factories and wanted to staff them with workers imported from low wage countries this should ring alarm bells, writes Peter Lyons.
The Overseas Investment Office gave consent for Carrington Holiday Park Jade, owned by Guo Jie Gui, to buy the 2.5ha Whatuwhiwhi Holiday Park from its New Zealand owners.
Chinese interests snap up two islands linked to the mainland for $41.5m. They plan to use them for a $130.6m six-star luxury resort and native reserve.
NZ First leader Winston Peters has told a Grey Power meeting they had better start buying more clothes and blankets because they won't be able to afford the rising prices if the Chinese or the Australians move to buy the power stations
Carter Holt Harvey is putting 29 dairy farms on the market, asking $224.5 million in the biggest single offering of farm land seen in NZ.