Member’s bill in the name of Phil Goff (Labour). Narrows grounds for approving foreign purchases of rural land to investments that deliver benefits over and above what a New Zealand investor would produce and that creates substantial numbers of jobs and export increases. Introduced Dec 12 2013. First reading held on July 22 with the bill defeated by 61 to 60 with National, ACT and United Future opposed. Goff indicated in debate Labour now believed it had allowed too much land to be sold into foreign ownership and would tighten the regime if elected. Overseas Investment (Owning Our Own Rural Land) Amendment Bill