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May 20, 2025 9 mins

Hints the foreign buyer ban could be lifted, but not yet. 

OneRoof reports rumours have been swirling with some agents telling them politicians had told them a decision to reverse the 2018 Labour policy was imminent. 

Act leader David Seymour and New Zealand First MP Andy Foster were mentioned, but both deny any confirmed changes. 

Deputy Prime Minister Winston Peters told Mike Hosking it will not be in tomorrow's budget, but it won't be too long before there's an announcement. 

When it comes to the man who interrupted a rail announcement, Peters doesn’t care if he loses his job. 

He and Chris Bishop faced multiple hecklers at Wellington's train station yesterday while unveiling Government funding of rail.  

The end of the media stand-up was derailed by an employee from the environmental and engineering consultancy Tonkin and Taylor. 

The man was reportedly wearing a company lanyard at the time. 

Peters told Mike Hosking it's now an employment matter. 

He says the behaviour is disgraceful, and he won't put up with it inside or outside of Parliament. 

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
I mentioned earlier this week were the Prime Minister. This
apartment I read about in one roof over the weekends
for sale and downtown Auckland at seventeen million dollars. It's
been on the market literally for years. Real estate agents
keep talking about offshore interest. Trouble is, unless you're an
expat or Australian or Singaporean, you are locked out of
buying property in this country. Of course, and yet the
government are big on foreign capital golden visas. The hold

(00:21):
up is New Zealand first, who are blocking a move
to loosen up access to the property market. Our rumors
have swirled around the place about negotiations. We talked about
all this with the Prime Minister on Monday. Of course,
Sir Winston Peters is with us. Very good morning to you,
Good morning, just before I get to housing, tomk and Taylor,
what should happen to the bloke who abused you yesterday?

Speaker 2 (00:41):
Do you think, well, you know, as an apporting circumstance,
Winnington and Auckland definitely need railways and need infrastructure. The
need investments and needed it now. And I'm making this
announcement and this guy comes out of left field, interrupts
from behind it look like a secure matter, and a
security guy said move on. Then we're on the front

(01:03):
and the rest is history. Now Tom and Taylor called
me to say, look, they have seriously apologize. It's well
now it's for them now an employment matter and that
being the case over. But you don't want to comment.

Speaker 1 (01:11):
On it, Okay, When in your view, and you're a lawyer,
when do you lose being an individual and start being
an employee for a company.

Speaker 2 (01:23):
When you sign up to the code of conduct when
you got the job in the first place, and if
you're wearing their company is Insignia, then maybe you should
be remembering.

Speaker 1 (01:32):
That, okay, if you also and also if.

Speaker 2 (01:35):
Your company actually gets contracts from Acumi rail on from railways,
would we otherwise for you to keep the counsel, wouldn't it?

Speaker 1 (01:43):
Yes? It would if he loses his job. Would you
feel bad?

Speaker 2 (01:48):
No, I wouldn't faintly because I tell you I'm not
going to be part of the process anymore. Because I've
said it, Tom, and it's over to you. But this
sort of behavior where you just come along and there's
a whole lot of people saying there, including media, and
you decide the first thing you'll say is bollocks and
start attacking someone without listen to what he's saying. That
behavior is far too prevalent in New Zealand. It's disgraceful.

(02:10):
We're not going to put up with an inside of
Parliament or outside of it.

Speaker 1 (02:12):
Okay, do you know what the word moraification means?

Speaker 2 (02:16):
Yes?

Speaker 1 (02:17):
How come they having so much trouble with it at
the moment.

Speaker 2 (02:22):
Look, I got kicked out of partment yesterday because I said,
you know what, I am being involved in moraification. But
I went down and got a suntan every Thursday to
make myself look darker than I really am so I
can be more able to claim the Mari quantumist that party.
Maria did and for that and I used the first
party just a simple question. The speaker kicked me out.

(02:44):
Now you know, there was a time when humor did
matter in this country and exposure hip popacy in a
humanus way does matter. So I've got no regrets about
that at all. Moraification actually means without mandate and without sanction,
and without discussion or debate with the New Zealand public.
You elite in the civil service and elsewhere decide you've
got to change the whole country, with the country likes
it or not. It happened massively between twenty twenty and

(03:06):
twenty three three, and it's said I've durn and Crucipken said,
we're not going to go on doing that because in
the end they oldly people of this country, whatever their background,
their freed or their race, they're the ones that matter.

Speaker 1 (03:17):
But here's the problem. And I rose this with the
Prime Minister on Monday and it came out and I
asked them specifically about your case with m Fat and
the job and the reference or reporting seem to indicate
that you're upset, and your questioning of that job add
was a surprise to them. How is it possible that
a year and a half into a new government, all

(03:38):
parties of whom campaigned on the moverification of this country,
in rectifying it, they can still eighteen months in be surprised.

Speaker 2 (03:47):
Look at the Old River Thames mantras, which I've used
for forty more year and more years than my career
in politics. You know how it goes. Well, men may
come and men may go, but I go on forever. Well,
it's that sort of complex that's in the civil service
who say, despite the the elections, despite the people's boys,
despite the mandate that was given to a new government, Well,

(04:09):
well they'll wait till you go and they'll carry on
us before. My answer to them is, noble you want,
you'll do what the coalition agreement says, and if you
don't do that, then we're going to come for you
because you're not responding to a democratic bush all the
people right.

Speaker 1 (04:22):
Help me out here. Seventeen million dollar apartment in Auckland.
It's it's not sold and there's interest from overseas. You're
blocking it. What's your problem with it?

Speaker 2 (04:35):
Well, mister Husking, the first thing, if you're in real estate,
your nervous been on the market that long. It's overpriced.
It's number one. Don't ask it. Im going to ask
every real estate agent, El Daddy. It's massively other priced.
The second thing is this, Look, this is not the
area that we're concerned about. The National Party campaign on
two million, which would take which would take double that

(04:57):
at five million, it would take two hundred houses to
get to one bit in and that's still not an
investment in their country. It's just a bolt hole for
them in case they wanted to come or not. You
remember the person who got in six days from the
John Key Govern's citizenship to buy in the South Island.
He's never spent one day.

Speaker 1 (05:14):
Get I get all that. But if you're out there
as foreign minister, and and you've got your golden visa,
and my understanding is the golden visa's working in the
interest and the and the bloke comes from San Francisco
and he wants to buy, you know, a ten million
dollar bolt hole. What's still the problem with that?

Speaker 2 (05:29):
I don't get it, because we are looking for a
commitment to our economy.

Speaker 1 (05:36):
But that's golden visa, is it you?

Speaker 2 (05:38):
No, no, no, that's just buying a house. What's the
investment here?

Speaker 1 (05:42):
The gold because you put five or ten million dollars
into the country.

Speaker 2 (05:46):
Yeah, but you just said that you put into a house.

Speaker 1 (05:50):
No, no, no, forget it. I'm confusing you. You get
a golden visa by investing ten million dollars into the country,
You buy a business, you start employing people. But while
you're here you need to buy house. And currently under
your rules you can go airbnb at or rent. It
doesn't seem to make sense to me.

Speaker 2 (06:05):
No, no, see you're actually trying to you're actually making
sense with what you're saying. But that's not what was
put to us. What was put to us that anybody
was putting down two million could buy a house. Well,
now you can tell you this all the leafy suburbs
and art walker.

Speaker 1 (06:18):
Oh well, hold on, like I'm negotiating between you and
the Prime minister. The Prime Minister told us on Monday
that you and him have had discussions and they came
up to five or six million dollars. They said, okay,
forget to five or six next to no houses in
this country as sold at five or six million dollars.
Give them some flash houses, let them buy a place,
invest in the country and get on with it.

Speaker 2 (06:39):
Oh yeah, and better still, let them build a place
something new. Sure that's not taken from the not the
marketplace where so many New Zealners are looking for housing.
Now we have not got that rigid view, and the
Prime Minister should not be discussing our negotiations with you
with respect. If you want to be trusted, make sure
you get the negotiations done well.

Speaker 1 (07:00):
All we did was asking a question as to what
the hold up, And you set the hold up to
you and you're having a negotiation. I just don't understand
the logic. I get your logic around say two million,
I understand that. But if somebody wants to come to
this country and spend six million dollars on a house
plus ten million dollars investing in the country building a business,
what can you possibly.

Speaker 2 (07:17):
Oject to Look, you make a very powerful argument and
wearness thing, and we've got a talk on that basis,
and we'll hope to have them resolved very soon. But
we're not going to have the mass majority of Zealers
and the competition with the whole world.

Speaker 1 (07:29):
At seven and nine million dollars, the mass majority of
New Zealanders aren't in competition. We know that.

Speaker 2 (07:34):
Yeah, I get that, but that wasn't where this discussion began.

Speaker 1 (07:38):
Oh, for goodness sake, I mean I don't. It's had
time to run a radio program in the country, for
God's sake. But this seems to me that that you're
not far apart. Why can't you sort it and just
get on with it and help this guy. All we
want is the country off its needs and working well.

Speaker 2 (07:51):
No, mister Huskin, you are talking about a bolt hole.
Should you want to come Money's days just in case
something goes wrong and you're part of the world there,
how many homes were owned here by China that would
never occupy you.

Speaker 1 (08:01):
But this is Winston's ancient history. It's previously no, no, no, no,
how about tied to the golden visa. You get a
golden visa with your five or ten million dollars and
you're allowed to buy a house.

Speaker 2 (08:09):
Why can't I do that? Look, don't teach your grandmother
suck eggs. The realities don't know what you're talking about,
and we're working on it. But the reality is we've
made a disaster of immigration policy. Go to Singapore, go
to the INMS. You can do a lot of things
in all those countries, but you cannot get what you're
desausking for. But they come anyway because we don't have
a proper focus policy and we tend to get this
matter fixed up. I go at your point. I want

(08:31):
to see people coming with their billions, not just two
hundred people putting five minute each theme in.

Speaker 1 (08:38):
With that sort of money, they've got to be able
to buy a house, don't. I Mean, what all I'm
saying is just pull every lever, just like, make every
effort to show us that we're trying to get off
our knees here and this seems to be a needless roadblock.

Speaker 2 (08:52):
I look for all those tens and twenties and forties
and fifty thousand people on the motorway right now, the messages.
We're listening, but we're going to have a policy that works,
that looks a bit like Singapore, looks like the Emirates,
looks like the smart countries that have taken off while
we have been stagnant these last forty years with this
futile the idea of how what investment looks like we're
out to get with a party that announced one hundred

(09:14):
billion dollars a future fund, we mean business. But when
you ask the question, how are you going to get it?
All the rest of them got an answer, but we do.

Speaker 1 (09:20):
Ever are you close to lifting this band on foreign houses?

Speaker 2 (09:27):
You can say that it will not be in the budget,
but it is a work with a high concentration to
be successful and to be announced before too long.

Speaker 1 (09:36):
Fantastic. Appreciate your time very much, Winston Peters. I think
we made some ground.

Speaker 2 (09:40):
For more from the mic asking breakfast listen live to
news talks. It'd be from six am weekdays, or follow
the podcast on iHeartRadio.
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