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FDI Unjustified Urgency 1

Policy Point: FDI: Unjustified Urgency

On 14 May, the Government introduced an Overseas Investment (Urgent Measures) Amendment Bill to the House and held its first reading on the same day. It had such little regard for public consultation the deadline for submissions was set for 4 pm on Monday, 18 May – giving submitters only two full working days. Read more

Dr Bryce Wilkinson ONZM
Policy Point
18 May, 2020

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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