A lot could be riding on the Government's upcoming global investment summit. 

Prime Minister Christopher Luxon's hoping to tease out more foreign financial investment in New Zealand's projects and industries at the two-day event in March  

But Simplicity Chief Executive Sam Stubbs says he's concerned Luxon will spend more time focused on offshore money than domestic money. 

He told Mike Hosking getting a dollar from overseas is a lot harder than getting a domestic dollar in the door.  

Stubbs says we'll need to be providing a lot of incentives, something we've typically steered clear of in the past, and you can't just set up an expo tent, sprinkle it with a few All Blacks and expect foreigners to invest in New Zealand - it's a competitive business. 

He says it's all very well to focus on the offshore money, but he thinks the size of the prize is much bigger domestically. 

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

A lot could be riding on the Government's upcoming global investment summit.&nbsp;
Prime Minister Christopher Luxon's hoping to tease out more foreign financial investment in New Zealand's projects and industries at the two-day event in March &nbsp;
But Simplicity Chief Executive Sam Stubbs says he's concerned Luxon will spend more time focused on offshore money than domestic money.&nbsp;
He told Mike Hosking getting a dollar from overseas is a lot harder than getting a domestic dollar in the door. &nbsp;
Stubbs says we'll need to be providing a lot of incentives, something we've typically steered clear of in the past, and you can't just set up an expo tent, sprinkle it with a few All Blacks and expect foreigners to invest in New Zealand - it's a competitive business.&nbsp;
He says it's all very well to focus on the offshore money, but he thinks the size of the prize is much bigger domestically.&nbsp;
LISTEN ABOVE&nbsp;
The podcasts in the&nbsp;SME&nbsp;Stream contain&nbsp;general information only, not financial&nbsp;or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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