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ARTICLE · 21 FEBRUARY 2013

Protocol to allow freer investment flows trans-Tasman

The Protocol will increase the thresholds for which non-government trans-Tasman investments require regulatory approval.

New ZealandStrategy

Download: 2013 PUB BC Protocol to allow freer investment flows trans-Tasman - 13 Feb.pdf

The Investment Protocol to the New Zealand–Australia Closer Economic Relations Agreement will come into force on 1 March 2013, increasing substantially the thresholds for which non-government trans-Tasman investments will require regulatory approval.

New thresholds

New Zealand investments into Australia Australian investments into New Zealand
From To From To
A$231 million A$1,078 million NZ$100 million NZ$477 million

The new Australian in-bound threshold will apply only to investments in business assets worth more than NZ$477 million. If the asset includes sensitive land and/or fishing quota, it will still come within the screening regime.

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