New Zealand examines Matt Lauer's ranch purchase after his firing

Wellington

THE ripples from the firing of Matt Lauer as the co-host of the Today morning news show have hit the world of New Zealand property, where officials are already scrutinising the role of foreign buyers in an increasingly expensive market.

A New Zealand government agency said on Thursday that it was in discussions with Mr Lauer's representative over his purchase of a 16,000 acre (6,475 ha) farm there.

Foreigners must pass a "good character" test to be allowed to buy New Zealand land. While Mr Lauer's purchase was approved earlier this yea…