Pattrick Smellie: BusinessDesk managing editor on the Government signing off on new rules for foreign investors - Heather du Plessis-Allan Drive

It's looking more likely that NZ First is on board with the new rules for foreign investors - including a shake-up for overseas buyers of property.

New reports claim NZ First is set to agree to allow wealthy people to purchase homes over a certain threshold - it's rumoured to be $5 million.

BusinessDesk's Pattrick Smellie explains further.

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