Articles tagged with Land Information New Zealand
New NZ Guidelines Boost Overseas Investment in Supermarkets for Lower Prices
3 weeks ago | 267 viewsAssociate Finance Minister David Seymour has welcomed new Land Information New Zealand (LINZ) guidelines designed to simplify the Overseas Investment Act for international investors, particularly in the supermarket and grocery sector, aiming to attract credible investors and increase market competition. The government has also reformed application processing, significantly reducing average assessment times from 71 to 23 working days and meeting targets of five or fewer days for most investments, thereby streamlining approval processes. These changes are intended to boost international investment, which is vital for New Zealand’s economic growth, productivity, and job creation.
Tags: David Seymour Land Information New Zealand LINZ Overseas Investment Act New Zealand international investors supermarket sector grocery retail investment guidelines economic growthChanel Invests in New Zealand’s Lammermoor Station to Boost Premium Wool Exports
3 months ago | 765 viewsThe New Zealand Government has welcomed Chanel’s investment in Lammermoor Station, a premium organic fine wool producer, highlighting it as a boost to the country’s export growth and job retention. Recent reforms have significantly streamlined overseas investment application processes, reducing approval times and increasing investor confidence. Chanel aims to enhance Lammermoor’s status by pursuing Regenerative Organic Certification, which would further elevate the value and reputation of New Zealand’s sustainable wool industry.
Tags: Chanel David Seymour Nicola Willis Mike Butterick Lammermoor Station New Zealand Land Information New Zealand Regenerative Organic Certification Overseas Investment Act French luxury fashionNew Public Reserve Established: Watts Peninsula - Te Motu Kairangi in Wellington
11 months ago | 1061 viewsA public reserve named Watts Peninsula, also known as Mātai Moana, will be established on the Miramar Peninsula in Wellington, with significant historical and cultural value. The reserve, promised by the government in 2011, will encompass 72 hectares of land transferred from Land Information New Zealand to the Department of Conservation. Managed by a charitable trust appointed by Wellington City Council, Taranaki Whānui, and DOC, the reserve aims to preserve ecological, historical, and cultural significance, funded by the council and Taranaki Whānui.
Tags: Miramar Peninsula Te Motu Kairangi Tama Potaka Chris Penk Watts Peninsula Mātai Moana Land Information New Zealand Department of Conservation Fort Ballance Wellington City CouncilAccelerated Overseas Investment Decision-Making: Minister's Directive Leads to Efficiency Gains
1 year ago | 2971 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 SeymourLargest maritime navigation system upgrade in decades
1 year ago | 1981 viewsThe Government is making New Zealand more attractive to international shipping lines with the first major investment in navigation services in more than 30 years. Land Information Minister Chris Penk says the $28. 6 million Budget 2025 funding secures the future of shipping, tourism and the maritime economy – highlighting the Government's commitment to back economic growth.
Tags: Antarctica Chris pen Cook islands James meager Land information Land information new zealand Maritime new zealand Matarik New zealand Pacific South - west pacific Tokelau