Government pushes for more foreign investment - what does that look like?

In the past, overseas investment in New Zealand has been seen as a privilege – rather than a right. But – could that all be about to change with Prime Minister Christopher Luxon’s latest push for economic growth? He kicked off 2025 by announcing the establishment of a foreign investment agency – similar to those seen in Ireland and Singapore. The Government’s holding a ‘global investment summit’ next month – with sovereign wealth and major asset management fund managers expected to attend. So, how does foreign investment work now? And can we emulate the success of another country, like Ireland, where foreign investment accounts for much of their GDP and private sector employment? Today on The Front Page, Glenn Shewan, will take us through what foreign investment looks like in New Zealand now – and what could change. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Chelsea DanielsSound Engineer/Producer: Richard MartinProducer: Ethan SillsSee omnystudio.com/listener for privacy information.