Photo: Getty ImagesNew Zealand's free-trade agreements (FTA) may be at risk if Labour continues its position on banning existing house sales to foreign investors, a commentator says. Nor was a ban possible under the Korea-New Zealand FTA, the provisions of which also now applied to the China FTA. New Zealanders' living standards depended on foreign trade and investment and support for trade deals was needed from both sides of the political spectrum, Mr Ballingall said. Any such ban would risk blow-back in the form of retaliatory trade or investment measures, which would be damaging to Kiwi businesses. It's simply not good enough for Jacinda Ardern to put the economic fortunes of New Zealand at risk, along with thousands of jobs and businesses.''

Source: Otago Daily Times September 12, 2017 17:15 UTC