Finance News & Articles
Former Acting Governor Grant Spencer and Byron Pepper Appointed to Reserve Bank of New Zealand Board, One Vacancy Remains
3 days ago | 195 viewsFormer Acting Governor Grant Spencer has been appointed to the Reserve Bank of New Zealand Board, Finance Minister Nicola Willis has announced. Board member Byron Pepper has been reappointed. Both are on five-year terms, beginning today.
Tags: Grant Spencer Nicola Willis Byron Pepper Reserve Bank of New Zealand Financial StabilityParliament Passes Legislation to Establish Invest New Zealand for Economic Growth and Innovation
1 week ago | 287 viewsParliament has today passed legislation to formally establish Invest New Zealand, clearing the way for the new investment attraction agency to begin operations on 1 July 2025. “This marks a major step in the Government’s plan to grow the economy by attracting more international capital, businesses and talent into New Zealand,” Trade and Investment Minister Todd McClay says. “Invest New Zealand will have a clear commercial focus—working directly with global investors to unlock opportunities that create jobs, boost innovation, and lift our long-term productivity.
Tags: Government Invest new zealand Investment New zealand Rob morrison Todd mcclayNew Zealand's Path to Economic Growth: Easing Investment for Businesses and Higher Wages
1 week ago | 308 viewsAssociate Finance Minister David Seymour welcomes the passing of first reading for a Bill to make it easier for New Zealand businesses to receive new investment, grow and pay higher wages. The Overseas Investment (National Interest Test and Other Matters) Amendment Bill has passed its first reading in Parliament today. “New Zealand has been turning away opportunities for growth for too long.
Tags: Amendment bill David seymour New zealand Overseas investment ( national interest test and other matters Seymour ZealandAccelerated Overseas Investment Decision-Making: Minister's Directive Leads to Efficiency Gains
1 week ago | 298 viewsAssociate Minister of Finance David Seymour is encouraged to see overseas investment decisions being made twice as fast following his Ministerial directive letter (the letter) to Land Information New Zealand (LINZ). “Last year I issued a Ministerial directive letter setting out my expectations for faster consent processing timeframes under the Overseas Investment Act (the Act),” Mr Seymour says. “The letter set my expectation that LINZ, the regulator for the Act, will process 80 per cent of consent applications in half the statutory timeframes for decisions.
Tags: David seymour Finance Land information new zealand National New zealand Overseas investment act SeymourEconomic surprise great news for Kiwis
2 weeks ago | 290 viewsToday’s surprise economic result is great news for workers, families and businesses, Finance Minister Nicola Willis said today. “Stats NZ reported today that the economy grew 0. 8 per cent in the first three months of the year, twice the rate forecast by the Treasury and the Reserve Bank a short time ago.
Tags: New zealand Nicola willis Reserve bank Stats nz TreasuryGoing for growth with more overseas investment
2 weeks ago | 155 viewsAssociate Finance Minister David Seymour welcomes the introduction of legislation to make it easier for New Zealand businesses to receive new investment, grow and pay higher wages. The Overseas Investment (National Interest Test and Other Matters) Amendment Bill has been introduced to the House. “New Zealand has been turning away opportunities for growth for too long.
Tags: Amendment bill David seymour National interest test New zealand Other matters Overseas investment ( Seymour ZealandINVESTMENT SUMMIT: Investors excited at Summit’s opportunities
3 months ago | 239 viewsInternational investors have left New Zealand excited about the opportunities created at the first Investor Summit held in Auckland over the past two days, Prime Minister Christopher Luxon says. “Many millions of dollars is now under discussion and when those deals come to fruition, New Zealanders will not only see their roads, hospitals and schools built faster but they will see jobs created and businesses thrive around the new infrastructure. “Over the past few days, our growth agenda has been turbo-charged, and I am very excited about the prospects,” says Mr Luxon.
Tags: Acciona jose Auckland Christopher luxon Étienne Expressway Guido cacgue Harbour Investor Manuel entrecanales New zealand Northern Northland expressway Patrick lauren Spanish Webuild Zealand