Although the Reserve Bank complied with finance minister Grant Robertson’s instructions, it made it clear it disagrees with him.
Investors were told there would be four main areas where the money would go: clean energy, clean transport, the circular economy and energy efficiency.
The Christchurch firm is on the expansion path and the move is intended to open the doors to more trans-Tasman deals.
Investors surveyed for a new report think there'll be more mergers and acquisitions in NZ over the next year.