News | Business
21 Jan 2026 22:58
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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".

    © 2026 Newstalk ZB, NZCity

     Other Business News
     21 Jan: Pic's Peanut Butter is boasting huge financial success, with sales reaching 40-million dollars
     21 Jan: The Warriors first NRL match at the new One New Zealand Stadium in Christchurch has sold out, five months in advance
     21 Jan: Hopes our services sector is finally starting to turn a corner
     21 Jan: UK backs plan for China's new embassy in London at Royal Mint Court, despite spy fears
     20 Jan: The share market likes what it sees - as Fletcher Building offloads its construction arm
     20 Jan: Welcome news for shareholders - from one of our largest companies' change in direction
     20 Jan: Fletcher Building's calling time on its construction arm - after a difficult few years
     Top Stories

    RUGBY RUGBY
    The Black Sticks women are vowing to capitalize on preparation time before August's hockey World Cup in Belgium and the Netherlands More...


    BUSINESS BUSINESS
    Pic's Peanut Butter is boasting huge financial success, with sales reaching 40-million dollars More...



     Today's News

    Hockey:
    The Black Sticks women are vowing to capitalize on preparation time before August's hockey World Cup in Belgium and the Netherlands 21:57

    Entertainment:
    Kourtney Kardashian is three years sober 21:40

    Law and Order:
    A person's suffered serious injuries after an assault in Auckland's Mount Wellington 21:17

    Entertainment:
    Wayne Rooney has claimed he's "deaf in my left ear" 21:10

    International:
    Have you been gifted an ancestry DNA test? The results could be 'life-altering' 21:07

    Entertainment:
    Ansel Elgort has quietly become a father 20:40

    National:
    Rob Hirst was not the figurehead of Midnight Oil – but he was its backbone 20:17

    Entertainment:
    Finn Wolfhard used his SNL hosting debut to poke fun at the fact that he and his co-stars are still often viewed as "the kids from Stranger Things" 20:10

    National:
    As Trump’s threats over Greenland escalate, will Europe use its ‘trade bazooka’? 20:07

    Entertainment:
    Sophie Turner admits that her acting career "stalled" because she had children at an early age 19:40


     News Search






    Power Search


    © 2026 New Zealand City Ltd