Her party wants to curb overseas buyers' home purchases in a bid to cool the housing market and make home ownership more affordable for Kiwis. Foreigners with the right to live in New Zealand would be exempt from Labour's proposed ban, which would still be at odds with provisions in the TPP trade deal as well as New Zealand's free trade agreement with South Korea. Labour wants to reconsider New Zealand's role in the TPP if foreign investment provisions are not restricted. National criticised Labour's plans to renegotiate the trade agreement with South Korea, describing it as an "ill-thought out and vague" policy. Support for Labour rose to 41.8% in the latest average of opinion polls, nudging above National's 41.1%.

Source: Otago Daily Times September 12, 2017 02:03 UTC