WHO OWNS NEW ZEALAND?
CAFCA Releases Latest Key Facts
The Campaign Against Foreign Control of Aotearoa (CAFCA) has uploaded the 2017 edition of its Key Facts.
They can be accessed here.
They can be viewed there as graphs (Powerpoint or PDF) or read as text only.
Once again they have been meticulously researched and compiled by CAFCA’s Bill Rosenberg.
The main trends are:
· A sharp increase in the proportion of overseas ownership of shares listed on the share market from 33% of listed shares in 2015 to 36% in 2016, reversing a trend that had been falling since 1997.
· An even sharper increase in the estimated proportion of the value of all privately owned shares (included unlisted shares) from 37% of shareholdings in 2014 to 47% in 2015 – a rise that began in 2012 when it bottomed out at 30%.
· In 2016, the Overseas Investment Office approved the acquisition of 465,863 hectares of interests in rural land by overseas investors, of which 362,132 was freehold, 103,731 other interests in land (e.g. leases), and all but 39,971 hectares was from one overseas investor to another. The 465,863 hectares compare to 79,897 hectares in 2015.
· Once again the statistics show a significant ownership of New Zealand companies by investors using tax havens.
Thank you for showing this as we are slowly being made into “tenants in our own land” now at the hands of the Nactional Government.
Everyone who are kiwis at heart must not voter for this sell-out Government and instead vote for other opposition parties now to save our country before we loose it for good.
Unfortunately, none of the opposition parties are promising to stop the sell out of NZ for personal gain.
Disintermediating or braking down all these billion dollar deals so instead of dealing with people who can only handle billion dollar contracts isn’t as hard as it 1st sounds. And thats to big to fail.
Further the money can only stay in billion dollar asset bubbles because we have dismantled manufacturing and entrepreneurship, there fore people buy goods and services already in circulation at premiums which is anither definition of an assest bubble.
And do opposition parties talk about rebuilding these institutions. Of course they do. All the time
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