Movie mogul James Cameron is continuing his buy-up of New Zealand property; Stuff reports:
Movie mogul James Cameron has continued to snap up land in Wairarapa, adding a further three properties to his growing Kiwi empire.The Overseas Investment Office has given Cameron the green light to buy nearly 30 hectares in south Wairarapa, where he already owns over 1000ha of farmland.Spread across three properties on Western Lake Rd, the prices are all listed as confidential.The OIO summary of Cameron's latest purchase states that the director plans to reside "indefinitely" in New Zealand with his family."They are acquiring the land as part of a larger acquisition of land in South Wairarapa, which they will use as a residence and working farm, " it states.Cameron and wife Suzy Amis have said they want to raise their children - 10-year-old twins Claire and Quinn, and Elizabeth Rose, 5 - "close to the land and with a strong work ethic".It is believed Cameron paid about $20 million in January for two large rural Wairarapa properties, one a 250ha dairy farm, the other a much larger 817ha hillside property overlooking Lake Pounui - a lake he also now owns.
So we can't help but wonder; where is the outrage from David Shearer and Winston Peters? Where is the rhetotric about New Zealanders "becoming tenants in their own land"? Will Peters repeat his assertion that this "has been a shonky, jack-up job between Prime Minister John Key, his ministers, and the communist government of China."?