There's frustration over the Government's lack of pace in changes to encourage foreign investment. 

It's set aside $65 million over four years to loosen the capitalisation rules for investors. 

The change will allow foreign-owned companies to fund a bigger chunk of their investments in New Zealand through tax deductible debt. 

Queen City Law managing director Marcus Beveridge says told Mike Hosking the Government's still trying to get rid of roadblocks. 

He says it's underwhelming to be a year and a half through an election cycle and to still be tweaking things in this space. 

LISTEN ABOVE 

There's frustration over the Government's lack of pace in changes to encourage foreign investment.&nbsp;
It's set aside $65 million over four years to loosen the capitalisation rules for investors.&nbsp;
The change will allow foreign-owned companies to fund a bigger chunk of their investments in New Zealand through tax deductible debt.&nbsp;
Queen City Law managing director Marcus Beveridge says told Mike Hosking the Government's still trying to get rid of roadblocks.&nbsp;
He says it's underwhelming to be a year and a half through an election cycle and to still be tweaking things in this space.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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Marcus Beveridge: Queen City Law Managing Director on the foreign investment changes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ed970e3c-81b8-4159-a145-b2e2014654ab/transcript