The controversial Overseas Investment Amendment Bill has passed its third reading with 65 votes for and 57 against and will become law in a matter of weeks

(15.August) The Government’s bill banning foreigners from buying New Zealand homes is now set to become law in weeks after passing its third reading in the House on Wednesday.
The Overseas Investment Amendment Bill was passed with Labour, New Zealand First and the Greens’ 63 in favour and National and Act’s 57 in opposition.