Movie mogul James Cameron has bought more land in New Zealand; the Herald reports:
Hollywood film-maker James Cameron has snapped up more South Wairarapa farmland - extending his holdings in the area to more than 1100ha.The Canadian director of Titanic and Avatar was given the all clear by the Overseas Investment Office in decisions released this month.He will buy 26.8ha of land on Wharekauhau Lodge on Western Lake Road near Palliser Bay.The decision is the third stage of Cameron's land acquisitions in Wairarapa this year but it is unknown whether he is yet to buy more land in the region.The OIO first gave approval in February for Cameron to buy South Wairarapa land - two Western Lake Rd properties, including a 250ha working dairy farm and a 817ha hillside block overlooking Pounui - and in March allowed him to buy 10.11ha of land on the same road.The prices of the land at Whakekauhau Lodge have been suppressed.
So where is the hysteria from opposition parties over this revelation. After all, you couldn't shut Winston Peters up when the Chinese Shanghai Pengxin (or is that Shanghai Penguin?) consortium was given permission to buy the former Crafar Farms. And David Shearer was so incensed about land sales to foreigners that he drafted a Members' Bill to make it illegal.