Written By: - Date published: 5:36 pm, February 15th, 2012 - 64 comments
Now there is a surprise (not). The Crafar farms sale doesn’t conform to the economic benefits required under the Overseas Investment Act. Fran O’Sullivan is going to be distressed. The decision by the OIO and government was not in conformance with the the Overseas Investment Act. Fran waffled about everything except what was required by the Act – as our “anonymous” authors pointed out and were abused for doing so by Fran.
Journalists – pah!
Written By: - Date published: 11:49 am, March 18th, 2009 - 32 comments
Over the weekend I pointed out that National’s plans to review the Overseas Investment Act would lead to even more foreign control of New Zealand and, ultimately, even more of our national wealth sucked offshore to pay the dividends of overseas shareholders. Murray Horton from the Campaign Against Foreign Control of Aotearoa weighs in today, […]
Written By: - Date published: 12:55 pm, March 14th, 2009 - 39 comments
Newstalk ZB reports: The Prime Minister is keen to open the door to foreign investors. In a speech to the Act Party conference today, John Key said a review of the Overseas Investment Act will be announced by Finance Minister Bill English next week. The review aims to create an overseas investment screening regime that […]