Invest NZ not a double-up for international infrastructure investors, ministers say

Invest NZ not a double-up for international infrastructure investors, ministers say
Prime Minister Christopher Luxon and Trade and Investment Minister Todd McClay. (Image: NZME)
Oliver Lewis
A new service established to attract more foreign investment into New Zealand will complement – not duplicate – a recently established infrastructure agency, ministers say.Last year, Infrastructure Minister Chris Bishop announced Crown Infrastructure Partners (CIP) was being repurposed as the National Infrastructure Funding and Financing company (Niffco). Speaking in December, Bishop described the new agency as “the shopfront” for investors into public infrastructure and the centre of expertise for funding and finan...

More Economy

RBNZ cuts official cash rate to 2.25%
Economy

RBNZ cuts official cash rate to 2.25%

The committee voted by five to one to cut.

Winely goes into liquidation owing $2.2m
Economy

Winely goes into liquidation owing $2.2m

The company failed to repay a $400,000 loan from Callaghan Innovation.

The journey to monetary policy consensus at the RBNZ
Economy Analysis

The journey to monetary policy consensus at the RBNZ

The whole process takes about two weeks.