INTEREST IN LAND
Overseas Purchases Quite a considerable amount of land in New Zealand was owned by overseas interests but the question did not seem to have been raised before, said the executive director of the Agricultural Production Council (Mr R. C. Stuart) at a meeting of farmers at Waipara. Referring to the land in’ which Americans were at present interested, Mr Stuart said it was “terribly difficult.” If overseas interests did develop it, he said, it was likely to come back into New Zealand hands. Farmers in the area did not appear to be opposed to the possible purchase of this land, he said. Mr Stuart said that Italians had regularly come to New Zealand buying land.
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Press, Volume CVI, Issue 31107, 9 July 1966, Page 16
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118INTEREST IN LAND Press, Volume CVI, Issue 31107, 9 July 1966, Page 16
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