New Zealand First Leader Winston Peters says he wasn't dragged kicking and screaming into a new foreign investors deal. 

The Government’s approved changes to allow people with an investor residence visa to buy or build one home, starting at $5 million. 

They’re required to invest an extra $5 million into the economy to qualify. 

Peters told Mike Hosking he supports the changes and wants to make very clear it's not a change to the foreign buyers ban. 

He says it's a change to investment rules to attract money to the country that we desperately need. 

LISTEN ABOVE 

New Zealand First Leader Winston Peters says he wasn't dragged kicking and screaming into a new foreign investors deal.&nbsp;
The Government’s approved changes to allow people with an investor residence visa to buy or build one home, starting at $5 million.&nbsp;
They’re required to invest an extra $5 million into the economy to qualify.&nbsp;
Peters told Mike Hosking he supports the changes and wants to make very clear it's not a change to the foreign buyers ban.&nbsp;
He says it's a change to investment rules to attract money to the country that we desperately need.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Winston Peters: NZ First Leader on the changes to investment rules that allow foreign investors to buy property

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a4c92a3c-a52b-40b0-a41f-b34b014f83b2/transcript