Ardern: legislate foreign investor ban before renegotiating Korean free trade deal

Tue, 12 Sep 2017

By Pattrick Smellie Sept. 12 (BusinessDesk) - Labour Party leader Jacinda Ardern is confident the government of South Korea will change its free-trade agreement with New Zealand to allow a ban on foreign buyers of existing homes, which a Labour-led government would pass into law by Christmas. At her daily stand-up press conference on the campaign trail, at a film studio in West Auckland, Ardern said: "We don't anticipate it will be a major problem because, of course, it already exists on the Korean side of the ledger. We think it should b...

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