Update 2: Fatal crash, Selwyn
"Update 2: Fatal crash, Selwyn"
Diversions are in place at
Old South Road and Main Rakaia Road following a fatal crash
on Main South Road, Bankside, this morning.
are expected to be in place for some time and drivers should
We would like to thank motorists for their
© 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>>