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Jane Kelsey, Emeritus Professor of Law, University of Auckland, Waipapa Taumata Rau

Why has a bill to relax foreign investment rules had so little scrutiny?

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While public attention has been focused on the domestic fast-track consenting process for infrastructure and mining, Associate Minister of Finance David Seymour has been pushing through another fast-track process – this time for foreign investment in New Zealand. But it has had almost no public scrutiny.

If the Overseas Investment (National Interest Test and Other Matters) Amendment Bill becomes law, it could have far-reaching consequences. Public submissions on the bill close on July 23.

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