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Trump's Strategic Crypto Reserve And What It Means For Crypto And You
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Trump allies pressure Zelenskiy to change course or resign
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Malaysia's ex-PM Ismail declares wealth to anti-graft agency amid seizure of assets
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Trump says cryptocurrency 'strategic reserve' includes XRP, SOL and ADA
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India's GST Collections Soar 9.1% To Rs 1.84 Lakh Crore In February 2025
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David Seymour announces Overseas Investment Act overhaul


//business-finance.news-articles.net/content/202 .. -announces-overseas-investment-act-overhaul.html
Published in Business and Finance on Saturday, February 22nd 2025 at 18:20 GMT by rnz   Print publication without navigation

  • The government has announced plans to make it easier for New Zealand businesses to receive new investment" from overseas.

David Seymour, the Associate Minister of Finance, has announced a significant overhaul of New Zealand's Overseas Investment Act. The changes aim to streamline the investment process, making it easier for overseas investors to invest in New Zealand, particularly in sectors like build-to-rent housing, to help alleviate the housing crisis. The government believes that these reforms will attract more foreign capital, boost economic growth, and increase competition in the housing market. Key points include reducing bureaucratic hurdles, enhancing national security checks, and ensuring that investments benefit New Zealanders. The announcement was made live, highlighting the government's commitment to making New Zealand an attractive destination for international investment.

Read the Full RNZ Article at:
[ https://www.msn.com/en-nz/news/national/watch-live-david-seymour-announces-overseas-investment-act-overhaul/ar-AA1zAzHg ]

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