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19 Oct 2025 12:32
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  •   Home > News > Business

    Calls from the Prime Minister, for us to rethink how we think about foreign investment

    Calls from the Prime Minister, for us to rethink how we think about foreign investment


    A new OECD report has found, despite falling interest rates, New Zealand's economic momentum remains weak.

    It's projecting growth of 1.4 percent next year and 2.1 percent the following year.

    Christopher Luxon says we're dealing with both low productivity and a thin pool of capital.

    He says New Zealand has done a very poor job of attracting foreign investment -- viewing it as a privilege for someone to invest here, rather than a privilege to receive investment.

    The OECD is also urging the Government to consider splitting up the generation and retail arms of electricity "gentailers".

    © 2025 Newstalk ZB, NZCity

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    Canterbury coach Marty Bourke has his fingers-crossed for the unlikely release of two players for next Saturday's NPC final against Otago More...


    BUSINESS BUSINESS
    The rising cost of food is also affecting chocolate with popular Kiwi brand Whittaker's increasing its prices More...



     Today's News

    Motoring:
    State Highway 73 at Rocky Point, in the South Island's West Coast is reopen after a slip 12:26

    Soccer:
    Wellington Phoenix coach Giancarlo Italiano reckons he needs to take a chill pill 11:56

    Motorsports:
    New Zealand Formula One driver Liam Lawson will start 12th on the grid for tomorrow's United States Grand Prix in Texas 11:46

    Politics:
    Flood mapping is different between councils, but one resident is calling for change 11:16

    Politics:
    The Public Service Minister says a major strike, will likely hurt the country's most vulnerable 11:06

    Rugby:
    Canterbury coach Marty Bourke has his fingers-crossed for the unlikely release of two players for next Saturday's NPC final against Otago 10:46

    Rugby:
    Canterbury coach Marty Bourke concedes there's emotion tied to next weekend's NPC final against Otago 10:26

    International:
    China's 'special forces'-style tourists packing big itineraries in small budgets 10:06

    Accident and Emergency:
    A group of disoriented trampers have been found after a search and rescue mission was launched in Waikato's Raglan last night 10:06

    International:
    Death doulas, family-led funerals and the deathcare movement hope to change the way we die 9:56


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