New visa announced for international investors

Baby-boomers struggling to sell up their small businesses got a surprise opportunity today - after the government announced a new visa for migrants who might want to buy them out. International investors could be given residence after as little as 12 months if they buy an existing firm and employ at least one more person. Industry experts have said it could be a boom for business owners who are on the cusp of retiring or have been looking to retire for years but didn't want to see their business fold. Immigration reporter, Gill Bonnett explains.