Cabinet to decide fate of foreign buyer ban in coming weeks, Luxon says

Luxon expects legislation loosening the foreign buyer ban to passed by the end of the year. (Image: NZME)

Mon, 18 Aug 2025

Prime Minister Christopher Luxon says key decisions on the foreign buyer ban will be made by Cabinet in the coming weeks.“We’ve got a proposal which we’ll take to Cabinet, obviously final decisions made there ... we’re taking it in the next few weeks.”Speaking to NewstalkZB on Monday morning, the PM said, once the proposal was approved, legislation making the changes would be passed before the end of the year. “We’ll go as fast as we possibly can. I think it would be one of those things you’d...

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