Alternative monetary thresholds for Australian non-Government and Australian Government investments in New Zealand.
Australian non-government and government investments in significant business assets are exempt from the requirement to obtain prior consent from the Overseas Investment Office if they are under certain thresholds.
These thresholds must be adjusted each year if calculations, made in accordance with formulae set out in regulations 99(3) and 101(3) of the Overseas Investment Regulations 2005, produce an amount greater than the previous year’s amount.
Based on the above calculations, the thresholds for the period 1 January 2022 to the close of 31 December 2022 will increase to:
- 560 million New Zealand dollars, if the investor is an Australian non-government investor; and
- 117 million New Zealand dollars, if the investor is an Australian government investor.