Australian non-government and government investments in significant business assets do not require consent under the Overseas Investment Act 2005 if they are under certain alternative monetary thresholds.
For the period 1 January 2024 to the close of 31 December 2024, the threshold for:
- Australian non-government investments is 618 million New Zealand dollars, and
- Australian government investments is 129 million New Zealand dollars.
Dated this 18th day of July 2023.
REBECCA McATAMNEY, Head of Regulatory Practice and Delivery, Land Information New Zealand.