Foreign investment in
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The approval of the Overseas Investment Office (OIO; before 25 August 2005, the Overseas Investment Commission (OIC)) is required for most overseas investment into Aotearoa/New Zealand that involves land and fishing, and most other investment valued at $50 million or more. See its web site for details. In fact, it acts as a rubber stamp, approving almost all applications. However, it does act as a source of information as to foreign investment coming into Aotearoa/New Zealand. CAFCA decided to make use of this by requesting under the Official Information Act all decisions of the OIC, and analysing them each month. After several years of argument, that information began being supplied in December 1989. Decisions since November 2006 are now available on the OIO's web site. Most of CAFCA's analyses are available through the links below, and give often detailed information on the companies buying assets in Aotearoa/New Zealand. Until 2008 they were written by Bill Rosenberg; since 2009 they have been written by James Ayers. Note: A review of Overseas Investment policy and legislation that began in 2009 was completed in September 2010. CAFCA's comments on it can be seen under CAFCA Press Statements.
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Campaign Against Foreign
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