News | Business
7 Aug 2020 21:51
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    The Government will have new powers to assess foreign sales of sensitive and high risk assets

    The Government will have new powers to assess foreign sales of sensitive and high risk assets

    19 November 2019
    A national interest test will be brought in through phase two of its Overseas Investment Act reforms.

    Associate Finance Minister David Parker says the Crown should have a say on whether things like airports, lines companies, or water providers ... should only be sold to Kiwi companies.

    He says at the moment there's no way to turn down foreign purchases - as long as the buyer's not corrupt and can manage the investment.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     07 Aug: A Kiwi designer hat company' has switched its production line to face masks
     07 Aug: It's full steam ahead for Auckland rail upgrades
     07 Aug: Wairoa's receiving money to increase productivity of a kiwifruit business, renovate 19 marae, and build a roading and other services hub
     07 Aug: Some retail business owners want a tax cut to boost consumer spending
     07 Aug: Calls for businesses to draft work policies on cannabis use, ahead of the upcoming referendum
     07 Aug: Experts are calling for more work to be done to boost jobs in Auckland
     06 Aug: The Government's giving 30 million dollars to build a high performance sports hub in Upper Hutt
     Top Stories

    RUGBY RUGBY
    The Highlanders are relatively unchanged for Sunday's Super Rugby Aotearoa trip to face teh Crusaders in Christchurch More...


    BUSINESS BUSINESS
    A Kiwi designer hat company' has switched its production line to face masks More...



     Today's News

    Entertainment:
    Ashton Kutcher says Ellen DeGeneres has "never pandered to celebrity" 21:44

    Law and Order:
    Police have named the man killed in West Auckland earlier this week 21:17

    Entertainment:
    Paris Jackson and Gabriel Glenn have split after two years together 21:14

    Entertainment:
    Ellen DeGeneres' brother Vance claims she is "being viciously attacked" 20:44

    Entertainment:
    Katy Perry wants her daughter to have a sense of "justice" and "integrity" 20:14

    Entertainment:
    Millie Bobby Brown has reportedly called time on her romance with rugby player Joseph Robinson 19:44

    Entertainment:
    Jonathan Cheban has insisted he’s “fine” after being robbed at gunpoint 19:14

    Rugby League:
    Roger Tuivasa-Sheck is hoping his leadership skills are reaping the benefits of a tumultuous NRL season that continues to roll on 18:57

    Entertainment:
    Zooey Deschanel wants to spend “a million billion” years with her boyfriend Jonathan Scott 18:44

    Business:
    A Kiwi designer hat company' has switched its production line to face masks 18:37


     News Search






    Power Search


    © 2020 New Zealand City Ltd