The coalition's confident allowing certain wealthy foreign buyers to buy a home won't drive up house prices.
It's agreed to pass changes, allowing people on an Active Investor Plus visa to buy or build one home in New Zealand - worth a minimum of $5 million.
The visa requires an additional investment of at least $5 million, on top of the price of the home.
Newstalk ZB senior political correspondent Barry Soper says these changes make sense for investors.
LISTEN ABOVE

Perspective with Heather du Plessis-Allan: The attention on the Waikato ED case could increase the odds of fixing the problem
02:06

Full Show Podcast: 03 July 2026
1:40:38

Perspective with Heather du Plessis-Allan: What real employer would do what the Ministry of Justice did?
02:25