Te Arai sparks foreign ownership row

By: Craig Powell

The Save Te Arai pressure group and Rodney MP Mark Mitchell have both cried foul over an amendment that would have allowed a Te Arai developer to escape the provisions of the Overseas Investment Amendment Bill.

The amendment was inserted into the bill following a submission by developer John Darby, along with two local iwi. It would have facilitated the sale of houses in a 106-home luxury development at Te Arai to wealthy foreign buyers without Overseas Investment Office review. Read more

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