By Karen Sweeney
New Zealand should hold out for a better Trans Pacific Partnership deal that includes blocking offshore buyers purchasing existing residential homes, Labour's finance spokesman Grant Robertson says.
The government on Thursday approved a mandate for negotiating a new TPP agreement with the remaining 11 nations after the US pulled out earlier this year.
Trade Minister Todd McClay is hopeful a proposed version of the agreement will be put to leaders at November's APEC leaders meeting in Vietnam.
But Mr Robertson says now is an opportunity for New Zealand to renegotiate a better deal.