Articles tagged with Overseas Investment
New Zealand's Path to Economic Growth: Easing Investment for Businesses and Higher Wages
1 week ago | 320 viewsAssociate Finance Minister David Seymour welcomes the passing of first reading for a Bill to make it easier for New Zealand businesses to receive new investment, grow and pay higher wages. The Overseas Investment (National Interest Test and Other Matters) Amendment Bill has passed its first reading in Parliament today. “New Zealand has been turning away opportunities for growth for too long.
Tags: Amendment bill David seymour New zealand Overseas investment ( national interest test and other matters Seymour ZealandAccelerated Overseas Investment Decision-Making: Minister's Directive Leads to Efficiency Gains
1 week ago | 301 viewsAssociate Minister of Finance David Seymour is encouraged to see overseas investment decisions being made twice as fast following his Ministerial directive letter (the letter) to Land Information New Zealand (LINZ). “Last year I issued a Ministerial directive letter setting out my expectations for faster consent processing timeframes under the Overseas Investment Act (the Act),” Mr Seymour says. “The letter set my expectation that LINZ, the regulator for the Act, will process 80 per cent of consent applications in half the statutory timeframes for decisions.
Tags: David seymour Finance Land information new zealand National New zealand Overseas investment act SeymourGoing for growth with more overseas investment
2 weeks ago | 161 viewsAssociate Finance Minister David Seymour welcomes the introduction of legislation to make it easier for New Zealand businesses to receive new investment, grow and pay higher wages. The Overseas Investment (National Interest Test and Other Matters) Amendment Bill has been introduced to the House. “New Zealand has been turning away opportunities for growth for too long.
Tags: Amendment bill David seymour National interest test New zealand Other matters Overseas investment ( Seymour Zealand