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 alternative monetary thresholds.

For the period 1 January 2021 to the close of 31 December 2021, the threshold for Australian non-government investments is 552 million New Zealand dollars, and the threshold for Australian government investments is 116 million New Zealand dollars.

Dated this 15th day of March 2021.

VANESSA HORNE, Group Manager Overseas Investment Office, Land Information New Zealand.