Has the Overseas Investment Amendment Act Worked?
After watching home prices rise by 60 per cent in a decade, New Zealand decided to ban foreigners from buying property. Will it work? The New York Times reports. When it was reported in 2017 that…
Tag Archives: David Parker
NZ Seeks Housing Solutions by Halting Foreign Sales
“New Zealand has lured Asian billionaires, Hollywood filmmakers, and tech entrepreneurs with a liberal immigration policy and light regulation of foreign property purchases. Now, as it tries to cool one of the world’s hottest…
Air NZ in Pioneering Partnership
Air New Zealand has signed an agreement with airplane maker Boeing and engine maker Rolls-Royce to collaborate on projects to make commercial aviation more environmentally sustainable. Stage one of the plan will see the first trial flight…
NZ Commits to Climate Change Cause
NZ will introduce a carbon trading scheme next year in a bid to cap greenhouse gas emissions at the lowest possible cost to the economy. Under the plan, every industry will be allocated an agreed level…
Silver Lining to Climate Change Cloud
NZ has the potential to adapt to climate change more effectively than its neighbours, according to the government and global warming experts. Despite being home to just 0.06 per cent of the world’s population, NZ produces 0.2…
No Such Thing as Waste
A NZ company has stunned international researchers by successfully developing a fuel which blends petrol with organic waste. The Aquaflow Bionomic Corporation’s breakthrough bio-diesel is made up of 95% petrol and 5% liquid squeezed from algae grown…
