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The government's plan to provide security to long-term investors

Publish Date
Mon, 10 Jun 2024, 8:43am
Shane Jones said he'll announce four projects before Christmas. (Photo/Getty)
Shane Jones said he'll announce four projects before Christmas. (Photo/Getty)

The government's plan to provide security to long-term investors

Publish Date
Mon, 10 Jun 2024, 8:43am

The government will look at ways to set up long-term security for investors, when it reverses an oil and gas ban. 

Critics say this will be detrimental to the environment. 

Resources Minister Shane Jones told Mike Hosking “No one is going to make a long-term capital commitment to New Zealand in the face of short-term commitments.” 

Jones said “Potential investors are concerned there will not be confidence or security going forward.” 

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