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.
Mackenzie Smith Fri, 20 Jul 2018
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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