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17 Sep 2025 14:04
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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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     Today's News

    Entertainment:
    Britt Lower thanked her Severance alter ego as she picked up her first Emmy Award on Sunday (14.09.25) 14:01

    Business:
    New Zealand's current account deficit has narrowed to its smallest point in four years 13:47

    Environment:
    Heavy rain and strong wind's made landfall in the South Island - causing power outages and a road closure 13:37

    Rugby:
    World Rugby have snapped back at criticism over their handling of the biting incident in the women's World Cup quarter-finals 13:37

    International:
    Does washing your fruit and veggies remove chemicals? 13:37

    Entertainment:
    Hannah Einbinder joked she had thought it was "cooler to lose" until she won her first Emmy Award on Sunday (14.09.25) 13:31

    International:
    Hundreds of childcare workers blacklisted but parents kept in the dark 13:27

    Law and Order:
    Court documents reveal how Charlie Kirk shooting suspect Tyler Robinson allegedly confessed 13:07

    Rugby League:
    Melbourne's kiwi halfback Jahrome Hughes is growing in confidence he will be available for the Storm's NRL preliminary final next weekend 13:07

    Entertainment:
    Owen Cooper became the youngest ever male Primetime Emmy Award winner on Sunday (14.09.25) 13:01


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