Overseas Investment Office News

1 March 2013

Trans-Tasman Investment Made Easier

Trans-Tasman business investment has become significantly easier today with the enactment of the Overseas
29 November 2012

Counterfactual analysis update

The OIO has developed a short update about the counterfactual analysis required for the "benefit to New Zealand criteria"  for investments in sensitive land.
24 October 2012

Overseas Investment Office’s investigation of UBNZ Assets Holdings Limited

The Overseas Investment Office (OIO) today outlined the process it undertook to investigate suspected breaches of the Overseas Investment Act 2005 by UBNZ Assets Holdings Limited.
17 October 2012

OIO Welcomes Supreme Court Decision On Crafar Appeal

The Supreme Court has today dismissed the application by the Tiroa E and Te Hape B Trusts for leave to appeal.
8 August 2012

Overseas Investment Office Welcomes Court Of Appeal Decision

The Court of Appeal today dismissed an appeal and judicial review by the New Zealand consortium led by Sir Michael Fay in relation to the grant of consent to Milk New Zealand Holding Limited (Milk
20 April 2012

Ministers approve Crafar farms bid

Land Information Minister Hon Maurice Williamson and Associate Minister of Finance Hon Dr Jonathan Coleman have followed the new recommendation of the Overseas Investment Office (OIO) to grant cons
15 February 2012

High Court rules on Milk New Zealand judicial review

The High Court today released its decision in relation to the judicial review of Ministers’ decision to grant consent to Milk New Zealand Holding Limited (a wholly owned subsidiary of Shangha
27 January 2012

Ministers approve Milk New Zealand application for the Crafar farms

Note: The decision referred to below was set aside by the High Court (refer Tiroa E and Te Hape B Trusts v Chief Executive of Land Information [2012] NZHC 147).
18 January 2012

Reduced Landonline Customer Support during Wellington Office Relocation

Landonline users could experience delays in telephone and email support due to reduced staffing levels during the closure and relocation of LINZ’s Wellington Office over Wellington Anniversar
14 April 2011

Overseas Investment Office Confirms Receipt of Pengxin Application

The Overseas Investment Office (OIO) today confirmed it has received an application for consent from Milk New Zealand Holdings Limited, a wholly-owned subsidiary of Shanghai Pengxin Group Co.
21 February 2011

Government Welcomes Investment Agreement

A new Investment Protocol under the Closer Economic Relations (CER) trade agreement, signed by Prime Minister John Key and Australian Prime Minister Julia Gillard, further strengthens the investme
28 January 2011

Media advisory from the Overseas Investment Office

Some recent media reports suggest that Pengxin Group have filed an application for consent to the Overseas Investment Office (OIO) for their purchase of the Crafar farms.
13 January 2011

Ministerial Directive Letter takes effect

A Ministerial Directive Letter issued in December 2010 by the Minister of Finance to the Overseas Investment Office takes effect from today.
22 December 2010

Ministers Decline Natural Dairy Application for Crafar Farms

Hon Maurice Williamson and Hon Kate Wilkinson have today declined consent to the application by Natural Dairy (NZ) Holdings Limited (Natural Dairy) to acquire the Crafar farms.
9 December 2010

Directive Letter Sets Balanced Investment Rules

The Minister of Finance has issued a new Ministerial Directive Letter to the Overseas Investment Office.