The GM of PGG Wrightson Real Estate Peter Newbold spoke to Jamie Mackay today for his final rural property report for 2017.

The Labour-led coalition Government is making it more difficult for foreigners to buy New Zealand farms.

Peter takes a look at the effect the new Overseas Investment Office directive is having on farm sales to foreigners, saying the move has created a "really interesting space."

Finally Peter gives Jamie an overview on the rural property market and addresses the "dairy elephant in the room" - Mycoplasma bovis.


Listen below: