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

How NZICC could change Auckland's CBD
Economy

How NZICC could change Auckland's CBD

Developers are pouring billions into Auckland CBD's midtown area.

Dileepa Fonseka 13 Mar 2025
Gap between NZ and Aus bank interest margin grows
Economy

Gap between NZ and Aus bank interest margin grows

In New Zealand, 2024 net interest margins were flat at 2.34%.

Gregor Thompson 12 Mar 2025
School lunch provider Libelle Group tipped into liquidation
Retail

School lunch provider Libelle Group tipped into liquidation

It is contracted to deliver approximately 125,000 meals a day. 

Staff reporters 11 Mar 2025
Trump declines to rule out recession
Economy

Trump declines to rule out recession

President sees ‘period of transition’ as he tries to reshape US economy.