Employer Bulletin | 8 December
Trade and Investment Minister Todd McClay has today set the scope of the country’s investment agency, Invest New Zealand, announcing strategic growth areas and launching three investment prospectuses.
“New Zealand has underachieved in attracting foreign investment, and this dedicated agency is key to us achieving more. More capital means stronger business, more jobs and a growing economy,” Mr McClay says.
New Zealand’s stock of Foreign Direct Investment (FDI) amounts to 37% of GDP compared to an OECD average of 53%. Annual net inflows of FDI are 1.4% of GDP, placing New Zealand 31st out of 38 OECD countries.
InvestNZ will target investments in the range of $100 million to $1 billion as well as projects from $20 million that have the ability to scale. It will act as a bridge for local investors, connecting domestic business with high-value investment opportunities, and ensuring the Active Investor Plus scheme delivers for the New Zealand economy.
“The agency will also advise the government on policy and regulatory settings to support New Zealand as a globally competitive place to invest,” Mr McClay says
In today’s Bulletin:
- Protected disclosure claim unsuccessful and employee justifiably dismissed
- Employee’s actions seriously dent his claim for remedies
- Authority grants application for interim reinstatement
- Dismissal justified but employer ordered to pay wage arrears and penalties
- Mistaken reliance on trial provision doesn’t protect employer from flawed process
- Six news updates of interest for employers including: WorkSafe delivers strong results amid organisational transformation; Investment agency focus set to seek growth & opportunity; Amped to the max: first boost for Kiwi events; International tourism numbers continue to rise; Retail activity increases by 1.9 percent, and Updates to modernise four ACC regulations.
- Nine bills open for submission
If you have any questions, about this case or other employment relation matters, call the Advice Line team on 0800 800 362.
Please note this is the last Bulletin for 2025. The Employer Bulletin will resume 19 January 2026.
