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What additional resourcing, staffing, or budget has been allocated to LINZ since 2024 to achieve the reduction in average overseas investment processing times from 71 working days to 23 working days cited by Associate Finance Minister David Seymour on 14 July 2026, and what has this cost to date?

Corrected reply Question 32025 (2026)
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Asked by

Damien O'Connor

List MP · Labour Party

Question

  • What additional resourcing, staffing, or budget has been allocated to LINZ since 2024 to achieve the reduction in average overseas investment processing times from 71 working days to 23 working days cited by Associate Finance Minister David Seymour on 14 July 2026, and what has this cost to date?

Answered by

Mike Butterick

Member for Wairarapa · National Party · Minister for Land Information

Answer

Corrected reply: Land Information New Zealand (LINZ) has not received any additional resourcing, staffing or budget allocation for the overseas investment function that is associated with the reduction in average processing times since 2024.