Bank Profits Bank profits plateau: ‘It may be that record bank profits are behind us.’ Bank profits ‘costing New Zealanders $2000 a year each’. Recession…
Public Private Partnership (PPP) For Services To Schools, Prison & Student Village The OIO has approved IPP (NZ) Limited United Kingdom (93.3%), Various Regions (6.7%)…
Case 1Case 2Case 3 IKEA Buying Up Land For Forestry For a number of years now there has been much hype about Swedish furniture giant…
Overseas Investment Office – February 2023 Decision Another Microsoft Data Centre In Auckland The Minister for Land Information and the Associate Minister of Finance have approved Microsoft…
These Are The Sort Of People Approved By Overseas Investment Office To Buy NZ Land Billionaire fireworks blaze almost destroyed his own buildings Manhattan developer…
Standing Consents As you would expect, January was a quiet month for the OIO, being the holiday season with Government departments and businesses closed down…
Japanese Transnationals Increase Ownership Of NZ Forestry The OIO has approved Mitsui & Co Ltd (Japan 70.15%, Various regions 29.85%) and Nomura Holdings Inc (Japan 68%; Various regions 31.9%)…
Fisher Funds Buys KiwiSaver Provider Kiwi Wealth The OIO has approved Fisher Funds Management Limited New Zealand (66.01%), United States of America (23.37%) Various (10.62%) buying 100%…
Cleaning Up Big Time The OIO has approved CD&R Madison UK BidCo Ltd (USA 35.85%, Cayman Islands 10.42%, The Netherlands 7.99%, China 4.68%, Canada 4.34%, Singapore 4.10%,…
Spark Sells Cellphone Towers To Canada SamCo Holdings Limited (Canada 100%) has been given OIO approval to buy 100% of Spark TowerCo Limited for $1,150,000,000. “SamCo Holdings Limited…
Where There’s Muck There’s Money This month’s highlighted Decision involves a notorious transnational corporation (TNC), well known to CAFCA for decades. The Minister for Land…
Buying Up Bus Companies Continues Unabated This has been a theme of OIO Decisions in the past couple of years – the purchase of NZ…
Blanketing The Countryside With Trees For Carbon Credits I’m a lapsed Protestant and a historian, so I know something of the history of Protestantism. Martin…
It’s That Old Favourite Again: Retrospective Consent There were quite a few Decisions that could have been highlighted from the May 2022 crop – a…
US Private Equity Fund Buys Chunk Of NZ Rugby: NZ Rugby: Massive deal with US private equity giant Silver Lake approved Provincial unions and NZ…