Quote:
Approximately 59% of FDI continues to come from North America, Australia and Europe. Asia accounted for 33% of total investment.
China’s share of investment has not increased substantially from our previous analysis in 2013. Where investments have occurred they have focused primarily on dairy and real estate development.
Canada was New Zealand’s most significant source of FDI accounting for 22% based on gross consideration data. China accounted for 14%, USA 13% and Australia 11%.
The United States is the largest acquirer of land for the 2013-2014 period, followed by China and the Netherlands.
The largest 20 transactions for 2013 and 2014 account for approx. 64% of the total reported overseas investment.
So I guess if we follow Labour's racist rants than we now need to be really weary of people with European, North American (specifically Canadian) and Australian surnames. Be careful - particularly if they call themselves names like (e.g.) "Little" (UK / European - sounding) or Twyford (same crowd), People with names like these are not just snapping up property from hardworking Kiwis, they might as well make up stories and don't hesitate to pull the race card.