Misc

More than $1.6b foreign investment in NZ last year

Foreigners invested just over $1.6 billion in New Zealand last year - and purchased almost 13,500 hectares of land.

Thursday, March 25th 2004

The land buy is less than half what it was in 2002 and the lowest figure since 1993.

The figures have been released today by the Overseas Investment Commission.

The two biggest investments it approved last year were the ANZ's purchase of the National Bank for $5.7 billion, and Fairfax Holdings' $1.8 billion acquisition of Independent Newspapers.

The Commission says it also approved seven applications involving freehold land including or adjoining the foreshore.

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Changes at Tenancy Services for landlords

Unity First Home Buyer special	3.99
SBS FirstHome Combo	3.99
ICBC	4.25
Co-operative Bank - First Home Special	4.35
Co-operative Bank - Owner Occ	4.45
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

TSB Special	4.00
Kiwibank Special	4.49
Kainga Ora	4.49
Nelson Building Society	4.59
ICBC	4.59
Unity Special	4.65
SBS Bank Special	4.69
ANZ Special	4.69
BNZ - Std	4.69
Westpac Special	4.75
ASB Bank	4.75

ICBC	4.99
Kainga Ora	5.15
SBS Bank Special	5.29
Westpac Special	5.29
BNZ - Std	5.29
Kiwibank Special	5.39
TSB Special	5.39
ASB Bank	5.45
AIA - Go Home Loans	5.45
Co-operative Bank - Owner Occ	5.49
BNZ - Classic	5.59

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.65
Kainga Ora	5.69

Misc

More than $1.6b foreign investment in NZ last year

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