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Home / The Country

Listen: Rural property report with Peter Newbold

The Country
14 Dec, 2017 01:26 AMQuick Read

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PGG Wrightson Real Estate's General Manager, Peter Newbold. Photo / Supplied
PGG Wrightson Real Estate's General Manager, Peter Newbold. Photo / Supplied

PGG Wrightson Real Estate's General Manager, Peter Newbold. Photo / Supplied

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:

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