As highlighted in our previous insight, the reform of New Zealand's overseas investment regime was officially launched with the introduction of the Overseas Investment (National Interest Test and Other Matters) Amendment Bill 2025. You can read our summary of the key proposed changes under the Bill and its impact on foreign investment into New Zealand.
Recently, our team made a submission to the Finance and Expenditure Select Committee on the Bill. We expressed our overarching support for the objective of the Bill and the purpose of the reforms, particularly the approach to appropriately balance the risks of overseas investment with the recognition of its importance as an enabler of economic growth in New Zealand. We also provided feedback on some of the proposals in the Bill, including concerns at the potential uncertainty that might come as a result of some of the proposed reforms, as well as outlining alternative and additional proposals, which we believe are necessary in order to achieve the objectives of the reform.
You can read our full submission below for more detail.