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National's agriculture spokesperson explains proposed terms for foreign buyers

Author
Newstalk ZB,
Publish Date
Wed, 19 Apr 2023, 7:15PM
Photo / Chris Tarpey | File
Photo / Chris Tarpey | File

National's agriculture spokesperson explains proposed terms for foreign buyers

Author
Newstalk ZB,
Publish Date
Wed, 19 Apr 2023, 7:15PM

The National Party today unveiled their proposed policies for the farming sector.

Leader Chris Luxon promised to ban foreign investment in farms, to convert to forestry for carbon farming and to remove two agriculture regulations for every new one introduced.

National's agriculture spokesperson Todd McClay explained that foreign buyers weren't banned altogether, but they no longer had the option to buy land to convert to forestry.

"We're very supportive of forestry, it has an important role to play, and actually we're very good at it in New Zealand. We just don't think foreigners need to buy land to get carbon credits so they can offset whatever they're doing."

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