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Media release: Lochinver Station decision shows OIA not fit for purpose

Wellington (17 September 2015): The New Zealand Initiative today said that Cabinet’s blocking of the Lochinver Farm sale to Shanghai Pengxin shows that the Overseas Investment Act (OIA) is not fit for purpose. The decision goes completely against NZ’s international reputation as a place to do business, but is unfortunately consistent with New Zealand’s poor OECD ranking for openness to foreign investment. Read more

17 September, 2015

Price signals drive Huntly power station decision

Earlier this month Genesis Energy announced it was mothballing New Zealand’s only large scale coal fired electricity plant. The move, effective as of late 2018, will reduce the country’s total CO2 emissions by about 2.5%, setting the sector on course to produce 90% of the country’s electricity from renewable sources. Read more

Interest.co.nz
24 August, 2015

Labour's 'circus act' will add fuel to the fire

Late last week, Labour Party Trade spokesman David Parker claimed that overseas speculation on residential properties in Auckland were a lost opportunity for provincial regions like Timaru. Parker asserted that unproductive investment in the housing market came at a cost of missed productive investment opportunities for regions that need it most. Read more

Khyaati Acharya
Interest.co.nz
27 July, 2015

TTR tests undersea mining law

The application of Trans-Tasman Resource (TTR) to go looking for heavy minerals off the West Coast captured few headlines when it was announced last month. It quickly sank below notice amid the tack and gybe of business journalism. Read more

The National Business Review
10 July, 2015

Why not let the prices do the work?

As a researcher at a public policy think tank with a strong focus on economics, it is sometimes easy to take prices, and the influence they have on behaviour and innovation, for granted. Two recent incidents highlighted how powerful this mechanism can be. Read more

Interest.co.nz
29 June, 2015

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