Increase in mystery OIO deals; Coalition under fire for secrecy
Investments that required OIO approval are down year on year but there have been four undisclosed deals since January.
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ELECTIONS
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The Overseas Investment Office won't disclose four deals this year where foreigners were given consent to buy New Zealand assets classed as rural, sensitive or worth more than $100 million.
The OIO's list of decisions between January and May show investment was down to $2.1 billion, from $4.6b
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Mackenzie Smith
Fri, 20 Jul 2018
Fri, 20 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Increase in mystery OIO deals; Coalition under fire for secrecy
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