Overseas Investment Office

Queenstown continues to attract its share of multi-millionaire entrepreneurs.  One such is Italian Mauro Balzarini, who was formerly Australia's largest livestock exporter.  He's now helping his wife run a new pizza and pasta place, which PHILIP CHANDLER visited last...

A wealthy Australian couple are spending $7 million building a luxury home near Queenstown. They bought the 4491 square metre Closeburn Station site, overlooking the Glenorchy Road, for $3m, pending Overseas Investment Office (OIO) approval. The OIO's now granted consent to...