Data gaps, absence of strategy hamper understanding of Asian investment in NZ

Wed, 31 May 2017

By Pattrick Smellie June 1 (BusinessDesk) - Government efforts to attract foreign investors would benefit from greater strategic focus, the Asia-New Zealand Foundation says in a new report that finds big gaps in official statistics measuring where investment comes from, but suggests Asian investment is a far smaller proportion of the total than is widely thought. It suggests also that the current tests applied by the Overseas Investment Office risk failing to assist such a strategic approach, instead creating "a tax or entry fee on inward...

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