10 Sep 2026
1 month ago
422 views
The New Zealand Government is reducing Overseas Investment fees and streamlining application processes to attract more international capital, aiming to boost business growth, productivity, and high-paying jobs. From September 2026, fees for national interest assessments will significantly decrease, and assessment times have already been halved, with most investments now approved within days. Additionally, Land Information New Zealand (LINZ) can waive or refund fees in exceptional cases, enhancing fairness while maintaining safeguards to unlock New Zealand’s economic potential.
02 Sep 2026
1 month ago
469 views
Deteriorating and asbestos-riddled buildings on two former Manukau Institute of Technology sites in Ōtara, covering over eight hectares of Crown land, will be demolished to enable future housing redevelopment. The Government acquired these sites in 2019 through the Land for Housing Programme and is seeking zoning changes to repurpose the land from education to housing use. Preparations including project management appointments and contractor procurement will take about six months, followed by approximately 15 months for demolition and site remediation, with community updates planned throughout the process.
02 Sep 2026
1 month ago
500 views
Deteriorating and asbestos-riddled buildings at two former Manukau Institute of Technology sites in Ōtara, covering over 8 hectares of Crown land, will be demolished to address safety concerns and enable future housing development. The government acquired these sites in 2019 through the Land for Housing Programme and is seeking to rezone them from education to housing uses, with demolition and site remediation expected to take about 21 months. Preparatory work, including appointing project management and securing consents, will take around six months, with demolition contracts to be tendered through LINZ to ensure experienced contractors and competitive pricing.
13 Jul 2026
3 months ago
768 views
Associate 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.
13 Dec 2025
10 months ago
1478 views
Associate Finance Minister David Seymour welcomes the Overseas Investment Amendment Act, which accelerates overseas investment decisions to 15 working days for most sectors, aiming to boost New Zealand business growth, productivity, and wages. The law simplifies the screening process with a modified national interest test, maintains stricter rules for sensitive assets like farmland and residential land, and allows overseas investors with a New Zealand investor resident visa to purchase high-value homes to encourage investment. Immigration Minister Erica Stanford highlights that attracting international investors brings capital, skills, and connections vital for economic development and growth.
13 Nov 2025
11 months ago
1236 views
A 20-year campaign to clear Lake Wānaka of an invasive aquatic weed has achieved a major victory, with 40 kilometers of shoreline now weed-free. The success is attributed to collaborative efforts involving various agencies and the community, with innovative control methods like hessian mats proving effective. While progress has been made in shifting the containment line, ongoing vigilance from lake users is crucial to prevent reinfestation and continue pushing towards the ultimate goal of eradicating the weed near the Wānaka township.
10 Oct 2025
1 year ago
1241 views
Associate Finance Minister David Seymour highlights the importance of faster overseas investment decisions for businesses to access capital and create jobs with higher wages. Changes to the Overseas Investment Act have led to significant improvements in processing times, with almost 87% of consent applications processed faster than before. The government aims to streamline the process further to attract more investment, boost economic growth, and support job creation in New Zealand.