Overseas Investment Act Amendment w/ David Parker: May 14, 2020

The Overseas Investment Act regulates foreign direct Investment into NZ. As the economy recovers from the fallout of the global COVID-19 pandemic, the government is amending this act to protect key assets from falling unnecessarily into foreign ownership. Today Olivia spoke to Associate Minister of Finance David Park about this legislative change and also touched on his response to the criticism regarding the Covid-19 Public Health Response Bill. She began by asking what amendments are being made to the Overseas Investment Act.