35114 (2026). Hon Damien O'Connor to the Minister for Land Information

35114 (2026). Hon Damien O'Connor to the Minister for Land Information: Further to the answer to question for written answer 32026 (2026), how much of the $23.8 billion is attributable to the acquisition of shares or other securities, and how much to the acquisition of interests in land?

Mike Butterick: Depending on the nature of the transaction, and why it needed consent, Land Information New Zealand (LINZ) records either “the value of, or consideration provided for, the securities being acquired”, or “the value of, or consideration provided for, the assets being acquired (which may include either the purchase price for land or the total lifetime lease payments)”, or “the total expenditure expected to be incurred before commencing business in New Zealand (which may also include asset purchases and lease payments)”. Accordingly, it is not possible to break the $23.8 billion gross investment value down in a meaningful way. However, the $23.8 billion value does not include the value of any additional capital committed to be invested in New Zealand, unless that capital is being deployed as part of the establishment of a new business.