UDC lifts net profit by 5 per cent
UDC lifts annual net profit by 5 per cent $61.6 million.
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Latest fromOverseas Investment Office
Approval for Opus International Consultants to be acquired by WSP Global
Company was waiting on regulatory sign-off before declaring takeover unconditional.
US investor could lose NZ winery
A US investor could lose his stake in Trinity Hill winery after pleading guilty to fraud.
Citizen Thiel's rise in the Trump regime
Billionaire New Zealand citizen Peter Thiel has been reported to be President Trump's potential ambassador to Germany.
Silver Fern and Shanghai Maling agree to delay deal
Silver Fern Farms and Shanghai Maling have agreed in principle to extend the deadline for their joint venture.
Little: I will not apologise to Shewan
Labour leader Andrew Little says he will not apologise to John Shewan for making false claims about the tax expert.
Foreign investors review a 'whitewash'
Labour MP David Cunliffe has called review of "good character" test for foreign investors in New Zealand a 'whitewash' after it is given all-clear.
Silver Fern on collision course with shareholders
Time is running out for the proposed tie-up between Silver Fern Farms and a major Chinese investor.
Long-serving OIO head sidelined
Director of the Overseas Investment Office, Annliese McClure, has effectively been sidelined by the appointment of a "new short-term deputy chief executive".
Barry Soper: Can you influence decisions by throwing a bit of cash around?
COMMENT: Are overseas investors currying favour with the Investment Office to ensure the approval of large land purchasers? Barry Soper looks at some recent examples.
Claims over overseas investor brothers
Argentine investors who were approved to buy a farm in NZ were allegedly investigated for a pollution incident which led to fatalities, claims Labour MP David Cunliffe.
Fee hike for foreign investor watchdog
The Government says it is hiking the fees for foreign investment applications to help the Overseas Investment Office keep a closer eye on investors.
Investors may be forced to sell $6m farm
Two Argentine investors could be forced to sell a $6 million New Zealand farm if they are found to have misled the Overseas Investment Office.
OIO beefs up decision system
The Overseas Investment Office is taking a harder line in rejecting applications that need more work.
One of NZ's smallest islands for sale
Ngarango Otainui lies in Auckland's Manukau Harbour and is only 5km from the airport.
Probe into island sale fails to uncover evidence
A five-year investigation into the sale of Motukawaiti Island has failed to turn up enough evidence for the OIO to launch a prosecution.
Peter Lyons: The Janus face of foreign investment
If an investment fund started buying up NZ dairy farms and dairy factories and wanted to staff them with workers imported from low wage countries this should ring alarm bells, writes Peter Lyons.
Chinese buy Northland holiday park
The Overseas Investment Office gave consent for Carrington Holiday Park Jade, owned by Guo Jie Gui, to buy the 2.5ha Whatuwhiwhi Holiday Park from its New Zealand owners.
Chinese interests gain consent to buy two Auckland islands
Chinese interests snap up two islands linked to the mainland for $41.5m. They plan to use them for a $130.6m six-star luxury resort and native reserve.