Overseas Investment Office News

27 January 2012

Ministers approve Milk New Zealand application for the Crafar farms

Associate Minister of Finance Hon Dr Jonathan Coleman and Minister for Land Information Hon Maurice Williamson have granted consent to Milk New Zealand Holding Limited (Milk New Zealand), a wholly-
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
19 December 2011

Holiday hours for LINZ Offices

LINZ offices, including Survey and Title Operation centres in Hamilton and Christchurch, will close for business on Friday 23 December at 4pm and re-open at 9am on Wednesday 4 January.
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.
21 October 2010

Serious Fraud Office investigates Natural Dairy and UBNZ Assets

Today the Serious Fraud Office (SFO) announced an investigation into business transactions involving Natural Dairy (NZ) Holdings Limited, UBNZ Assets Holdings Limited and UBNZ Funds Management Lim
27 September 2010

Minister of Finance Announces New Overseas Investment Rules

The Minister of Finance has announced changes to the Overseas Investment Regulations, expected to take effect in December 2010, which will affect overseas investments in sensitive land.
17 September 2010

Overseas Investment Office Sets Record Straight on Natural Dairy Application

Today the New Zealand Herald reported that it understands the Overseas Investment Office (OIO) has nearly completed its review of Natural Dairy (NZ) Holdings Limited’s application for consen
4 August 2010

Changes to LINZ Fees due to GST Increase

On 1 October 2010 GST is increasing to 15%. All LINZ fees will increase (by around 2%) to account for the GST increase, taking effect on 1 October 2010.
16 July 2010

Media Update from the Overseas Investment Office (OIO)

The OIO completed its preliminary assessment of the application from Natural Dairy (NZ) Holdings Limited on 14 July 2010.