Foreign Ownership
Aotearoa is for sale, and it’s going cheap on the world market, yet the Labour Government wants to make it even easier for foreign investors to buy up even more of our land, buildings and businesses. Meanwhile, company takeovers by trans-national corporations totaling billions of dollars each year far exceed the value of land sales. Most of our economy is now controlled from the boardrooms of London, Sydney, Singapore, Tokyo and New York. We want New Zealand to regain control of our economic destiny. And we want property prices down to realistic levels so that Kiwis can realise their dream of owning their own home or a bach at the beach and young farmers can afford to buy a family farm.
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13 Jun 2008Campaign Against Foreign Control of Aotearoa The Campaign Against Foreign Control of Aotearoa (CAFCA) believes that the independence of most countries is being eroded away. This erosion has taken place because most of the world's economy is now owned and controlled by a relatively small number of huge transnational corporations (TNCs).

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