Update – Napier crash, Te Awa Ave re-opened
"Update – Napier crash, Te Awa Ave re-opened"
Avenue in Napier has re-opened following a serious crash
One person was reported to have sustained
An investigation into the circumstances
of the crash is
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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>>