Road closures due to Grafton incident
A number of closures are in place as Police responds to
an incident at Grafton Bridge, Auckland.
called about 9:35pm.
The bridge is closed at both
State Highway 16 is also closed at the Southern
Motorway exit, the port exit, the Symonds Street off-ramp,
and all on-ramps from Grafton Gully - north, south and
Motorists are asked to avoid the area if
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Overseas Investment Rules: New National Interest Test
Associate Finance Minister David Parker said under current Overseas Investment Act rules, assets such as ports and airports, telecommunications infrastructure, electricity and other critical infrastructure are not assessed through a national interest lens.
“We are introducing a number of new powers, consistent with global best practice, to protect New Zealanders’ best interests in such important – often monopoly – assets,” David Parker said.
Responding to concerns about overseas investment in water bottling, the Government will also require consideration of the impact on water quality and sustainability of a water bottling enterprise, when assessing an investment in sensitive land. More>>