July 1994 decisions Macraes Mining buys land at Macraes Flat containing historic mining sites In a decision released only on appeal to the OIC, Macraes…
Decisions of the Overseas Investment Commission and Overseas Investment Office
The approval of the Overseas Investment Office (OIO; before 25 August 2005, the Overseas Investment Commission (OIC)) is required for most overseas investment into Aotearoa/New Zealand that involves land and fishing, and most other investment valued at $100 million or more. In fact, it acts as a rubber stamp, approving almost all applications.
June 1994 decisions Downer sold by Brierleys to Paul-Y of Bermuda and Hong Kong One of our major construction companies, Downer Group Ltd is being…
May 1994 decisions Databank sold to EDS of the U.S.A. Databank Systems Ltd, the computer bureau that is the clearing house for its owners, Westpac…
April 1994 decisions Utilicorp transfers its shares in WEL between subsidiaries The U.S. 33.3% owner of WEL Energy Group Ltd, Utilicorp NZ Inc, is transferring…
March 1994 decisions Elitist residential project in Newmarket, Auckland by U.S developer An alarmingly élitist step in residential development has received consent from the Commission.…
February 1994 decisions This month’s release of decisions is distinguished by the number of deletions. Out of twenty decisions, nine (almost half) have been withheld…
January 1994 decisions This is the quietest month we’ve had since we started analysing OIC decisions four years ago: only seven decisions, admittedly after a…
January to December 1994 Overseas Investment Commission Decisions Commentary and Index prepared by CAFCA Contents January 1994 decisions Spotless of Australia takes over Taylors drycleaners…