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Media Release: No reason for rushing ‘urgent’ OIA changes through Parliament

Wellington, 18 May 2020 - More time for scrutiny of the proposed changes to the Overseas Investment Act is needed, particularly when thousands of Kiwi businesses teeter on the edge of bankruptcy. The Government tabled the Overseas Investment (Urgent Measures) Amendment Bill last Thursday for its first reading on the same day. Read more

Media Release
18 May, 2020

Media Release: ‘Farcical’ OIA change won’t help Kiwi companies, says NZ Initiative

Wellington, 14 May 2020 - The Government’s proposed changes to the Overseas Investment Act will only make it harder for struggling Kiwi businesses to recover after Covid-19 lockdowns, said The New Zealand Initiative. Yesterday, associate finance minister David Parker announced the introduction of a “national interest test” for New Zealand’s strategic assets should they go on the market. Read more

Media Release
14 May, 2020

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