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Crafar Farms

Pengxin takes aim at Fay's Crafar bid

Updated
Would-be Chinese Crafar farms buyer takes aim at rival 'rejected' bid by local Fay-led consortium; 'No-one could hold Fay group to investment promises'

'Foreign investment laws may be tighter'

Updated
PM Key says High Court decision may have tightened overseas investment rules; Says Cabinet hasn't yet discussed investor loyalty schemes for SOE share sell-downs

Fay group presents OIO its benefits

Updated
Fay-led Crafar Farms purchase group tells OIO it will spend NZ$18 mln on farms over 3 yrs; But will it be taken into consideration?

What's a hypothetical NZ farm buyer?

Overseas Investment Office has to revise Crafar farms decision by applying new test of what a hypothetical New Zealand buyer would do

Why doesn't Fay buy some other farms?

Why doesn't Fay buy some up-to-scratch farms, and invest an extra NZ$14m making them even better? That would bring some real economic benefits

Crafar ruling just what the NZ addict needed

Bernard Hickey says the High Court ruling against the Crafar Farms sale may be just the intervention NZ Inc needs to confront its addiction to foreign debt and asset sales

'Pengxin just a property developer'

Michael Fay consortium puts case to High Court seeking overturn of Crafar farm sale to Shanghai Pengxin

Why Labour is fine with some foreign buyers

Labour OK with foreign land sales as long as buyers (like James Cameron) live in NZ, but absentee owners a big no-no, says Parker

Graeme Hart farms slowly being sold

Graeme Hart's Carter Holt dairy conversions slowly being sold; Nine of 29 gone so far at asking prices; All to NZers

'No need for foreign investment law change'

Law change to make foreign ownership of NZ land harder would be knee-jerk reaction to Crafar sale, and not needed now, Key says