New Zealand's Ardern Wants to Balance Trade Pact With Housing Pledge

  • New leader wants crackdown on foreign property speculators
  • TPP negotiations to take next step at November APEC summit
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Incoming leader Jacinda Ardern says New Zealand will still seek membership in the proposed Trans Pacific Partnership even as she strives to honor her election campaign pledge to clamp down on foreign property speculators.

“There has to be a balance between delivering for our exporters but also making sure we can protect the ability of New Zealanders to buy homes,” Ardern told Sky News on Sunday. “Our view is we can do both.”