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23 Nov 2025 16:20
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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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     Top Stories

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     Today's News

    Cricket:
    England cricket captain Ben Stokes won't let the opening test loss to Australia in Perth derail their Ashes campaign 16:17

    Rugby:
    All Blacks lock Fabian Holland believes his team can only grow after his first year as a test player 16:17

    Cricket:
    The Black Caps are relishing a shift to test cricket against the West Indies next month after sweeping the one-day series against the tourists 16:17

    Rugby:
    All Blacks coach Scott Robertson plans to mull over how to replace assistant Jason Holland 15:27

    Motoring:
    F1 live Las Vegas: Oscar Piastri starts fifth, Lando Norris and Max Verstappen on front row 15:07

    Basketball:
    American import Izaiah Brockington doesn't think the Breakers are as bad as this season's Australian NBL record suggests 14:57

    Motoring:
    McLaren driver Oscar Piastri is facing an uphill battle to claim a maiden Formula One world championship, after qualifying fifth for the Las Vegas Grand Prix while main rival and teammate Lando Norris took pole 14:27

    Politics:
    The Labour Party has selected economist and trade unionist Craig Renney, as its candidate for Wellington Bays, in next years election 14:07

    Rugby:
    Mixed emotions from All Blacks assistant coach Jason Holland following his final game with the national side 13:47

    Politics:
    A KiwiSaver expert suggests some people could opt out of KiwiSaver, if National's rise to contributions go ahead 13:27


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