Update: Serious crash on Kawatiri-Murchison Highway
One person has died following a serious crash on
Kawatiri-Murchison Highway in Tasman.
The crash involving
three vehicles was reported at 2.22pm.
Three other people
sustained moderate injuries.
One lane of the road north
of Murchison near the stock effluent station/Weighbridge is
expected to be open soon.
However, motorists are still
advised to avoid the area, if
© Scoop Media
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>>