But it's also a privilege for overseas persons to own or control New Zealand assets. That is why one of the first things this Government did was to strengthen the ministerial directive to the Overseas Investment Office to close the loopholes that the National Government had opened so wide that it saw large areas of rural land being sold offshore. It was why one of the second things this Government did was the "one home to live" test, to reduce and avoid overseas speculation in our housing markets. We want overseas investment where it generates a sustainable, productive, and inclusive economy. 