8154 (2025). Hon Barbara Edmonds to the Associate Minister of Finance

8154 (2025). Hon Barbara Edmonds to the Associate Minister of Finance: Will the government monitor and mitigate risks, if any, associated with increased foreign control, particularly in sectors deemed critical to national security or economic sovereignty, as part of the Overseas Investment Act Reform?

Hon David Seymour: The existing National Security and Public Order (NSPO) regime (established by the Overseas Investment Act 2005) will be retained with minor changes to improve flexibility. The NSPO regime primarily works via a voluntary notification that provides the investor with a safe harbor preventing future divestment orders. The Treasury and Land Information New Zealand will monitor the regime as per PQ8143.