PM Christopher Luxon pitches Irish-style welcome to global investors including overseas investment act changes

PM Christopher Luxon pitches Irish-style welcome to global investors including overseas investment act changes
Luxon making the pitch for NZ Inc at a business event in Laos. Photo: Supplied
Dileepa Fonseka
Prime Minister Christopher Luxon wants to make New Zealand an easier place for foreigners to invest and part of his solution includes looking at introducing the Irish model of a concierge-style service for multinationals.In an interview with BusinessDesk, on the flight back to NZ from the East Asia Summit in Laos, Luxon said NZ needed to make it easier for foreigners to invest as Ireland did. He saw a National Infrastructure Agency (NIA) as a key method of attracting foreign capital, but also signalled changes to the Overseas Investment Ac...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025