State-owned Landcorp Farming has confirmed that it is in the running to buy 16 farms from the receivers of the Crafar empire.

Prime Minister John Key says he doesn't want New Zealanders to become tenants in their own country as foreign companies seek to buy up farms, and the Government may look at law changes.

State-owned Landcorp Farming will meet today to decide whether to bid for 16 farms from the Crafar empire being sold by receivers.

Fonterra's farmer shareholders today voted in favour of the Trading Among Farmers proposal, approving plans to make its stock tradeable among themselves, freeing up capital for new investments.

Fonterra's farmers are voting today on whether to allow trading of shares in the co-op among themselves.

The NZ Walking Access Commission is producing a mapping system so that people can more easily find out where there is legal public access across land.

Landcorp, the state owned farming company, says its bid for the Crafar farms will be a "clean bid".

The Chinese-backed firm fronting a bid to purchase the Crafar farms has yet to relodge its application for OIO approval, less than a week before tenders close.

The rural property sector remains stagnant because prices and sales are being dictated by banks, REINZ says.

May Wang's lawyer is confident creditors will accept her proposal to repay them just 2c in the dollar to settle a multi-million dollar debt.

UBNZ Assets Holdings is challenging the belief that Overseas Investment Office approval might be needed in order for it to purchase the remaining Crafar farms.

Allan Crafar will have to go to court to argue why he should remain living at his Reporoa property, which is in the hands of receivers.

The Super Fund may take part in a big rural land buy up, says its boss Adrian Orr.

David Parker: Keep farmland under NZ ownership