1 Sep 2025

Foreign buyers being let back into housing market

From Checkpoint, 4:07 pm on 1 September 2025

The government has announced changes to the foreign buyers ban, letting some wealthy foreigners back into the housing market, but only if they're spending at least $5 million. It is a significant turnaround for New Zealand First, which helped put the ban in place back in 2018 when it was in a coalition government with Labour. Acting political editor, Craig McCulloch spoke to Lisa Owen.