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New Zealand China Council

Impact of recent amendments to the OIA

August 14, 2020

The Government recently updated New Zealand’s overseas investment regime. The amendments are designed to balance the important role overseas investment will play as businesses look to recover and grow, while ensuring greater protection of New Zealand’s interests.

This podcast updates listeners on the amendments; and discusses the current status of inbound investment, implications of the national interest test, and the key challenges and opportunities for attracting investment in a post Covid world.

Tune in to a panel discussion moderated by PwC Partner and NZCC Exec Committee member Colum Rice, featuring ‘The Council’s Lawyers’ – Dr Heida Donegan, Partner at Dentons Kensington Swan, Martin Thompson, Partner at DLA Piper and Silvana Schenone, Partner at MinterEllison.

Timestamps

00:49 How has inbound investment from China has been tracking?
03:43 Summary of the recent OIA amendments.
07:35 Comparison with other jurisdictions.
09:30 Will the changes achieve what they’ve set out to do?
11:28 Understanding the national interest test.
14:50 If the new rules were applied to historical deals, would they have been approved?
17:01 Impact of the new rules on OIO processing times.
21:11 Key challenges and opportunities for attracting investment in the current environment.
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