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Changes to the overseas investment regime mean the Overseas Investment Office (OIO) will be able to assess applications faster and shore up investor certainty, Ministers Bill English and Louise Upston say.
The changes, which are the result of a review that has been underway since last year, are expected to take place in mid-2016 and will see OIO fees restructured and increased by between 8.7 and 166 per cent for different application fee types.
- Bill English
- Louise Upston
- Finance
- Land Information
The 2014/15 Open Data Barometer Global Report shows that New Zealand continues to be one of the best countries in the world at allowing open access to government data, Finance Minister Bill English and Land Information Minister Louise Upston say.
“New Zealand leads the East Asia-Pacific region and ranks fourth-equal with France in the world behind the UK, US and Sweden,” Mr English says.
Open data is a key indicator of a country’s innovation, transparency and lack of corruption.
- Louise Upston
- Bill English
- Land Information
- Finance