Learning to love foreign direct investment

Associate Finance Minister David Seymour was first out of the blocks with foreign investment announcements last weekend. (Image: NZME)

Pattrick Smellie

Mon, 14 Oct 2024

In a pattern somewhat typical of the way the coalition Government runs, last weekend two of the most significant announcements for years were made on foreign investment in the New Zealand economy, but no one seemed to have planned it.The more substantial of the two announcements came from Act leader and Associate Finance Minister David Seymour, who foreshadowed major changes to New Zealand’s unfriendly foreign direct investment (FDI) regime last Saturday morning.But it was NZ First leader Winston Peters’s announcement that his...

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