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New Zealand – Losing Land to Foreign Interests

Touch the Soil News #1453 (Feature photo – The Columbia – CCA SA 3.0 Unported Українська:)

New Zealand folks are in a rage over the liberal policies of their government in allowing large tracts of farmland to be sold to foreigners. The four largest landowners in New Zealand are all foreign-owned forestry companies.

The latest concern is the sale of almost 200,000 acres to a foreign-owned forestry company. Estimates are that nearly $5 billion of sensitive land has changed hands into foreign ownership in recent times.

You can read the full story here: https://www.farmlandgrab.org/post/view/29213-farmland-sales-to-foreigners-goes-from-trickle-to-a-torrent

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