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.