EU foreign direct investment into NZ could spike 80% under FTA

EU foreign direct investment into NZ could spike 80% under FTA
Damien O'Connor addresses a media conference via video link last week, at the European Council building in Brussels on the EU-NZ free trade agreement. (Image: AP)
Rebecca Howard
The New Zealand-European Union free trade agreement could lift EU foreign direct investment in NZ by as much as 80%.The deal – inked in Brussels this weekend – will go “way beyond market access,” Nina Obermaier, the EU ambassador to NZ, told BusinessDesk.Foreign direct investment in NZ from the EU was $15.5 billion in 2021.Officials also don't downplay the importance of market access. A total of 91% of NZ’s current goods trade to the EU will enter duty-free immediately, rising to 97% after seven years...

More Economy

Finance minister says yes, yes, yes to RBNZ transparency reform
Economy

Finance minister says yes, yes, yes to RBNZ transparency reform

Willis says she doesn't think system is broken, but needs incremental improvements. 

Smaller lenders eye prudential requirements in RBNZ review
Finance

Smaller lenders eye prudential requirements in RBNZ review

NBDTA proposed a total capital ratio of 10.5% of risk-weighted assets.

Andy Macdonald 10 Oct 2025
Cost-benefit issues in spotlight amid RBNZ review
Finance

Cost-benefit issues in spotlight amid RBNZ review

The Reserve Bank of NZ had received 42 submissions to the review.

Andy Macdonald 09 Oct 2025
ANZ first bank to react to OCR cut
Economy

ANZ first bank to react to OCR cut

ANZ is the first bank to react after the Reserve Bank’s 50-basis-point official cash rate cut on Wednesday.“Lower interest rates are helping, and more and more customers are seeing the benefit of rate cuts,” Grant Knuckey, a managing director at ANZ, said.“We’ve ... [seen] people...

Staff reporters 08 Oct 2025