New foreign investment agency: the details

New foreign investment agency: the details
Todd McClay will be the lead minister for the new foreign investment attraction agency. (Image: NZME)
Staff reporters
Foreign direct investors will be wooed by a new agency, Invest New Zealand, as part of the Government’s new push to drive the economy out of its current long period of doldrums.Prime Minister Christopher Luxon has named Trade Minister Todd McClay to oversee the agency.Said McClay: “Invest New Zealand will streamline the investment process and provide tailored support to foreign investors, to increase capital investment across critical infrastructure, fostering greater innovation in key sectors and attracting world-class talent to ou...

More Economy

NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Ian Llewellyn 03 Apr 2025
Analysts struggle to find upside from Trump tariffs
Economy

Analysts struggle to find upside from Trump tariffs

‘They've forgotten the lessons of the Great Depression,’ one analyst said.

Gregor Thompson 03 Apr 2025
NZ goods to face 10% tariff to access US market
Economy

NZ goods to face 10% tariff to access US market

NZ dollar remains steady after announcement. 

Rebecca Howard 03 Apr 2025
What Willis was told ahead of Orr’s shock resignation
Economy

What Willis was told ahead of Orr’s shock resignation

Documents released under the OIA shed some light on what happened.

Staff reporters 02 Apr 2025