The agriculture sector often features prominently in political discussions, reflecting the historical significance of farmers in the voter base. The OECD reports that Australia has surpassed New Zealand as the most restrictive country for foreign direct investment (FDI), although both countries have similar restrictions in agriculture. Despite New Zealand’s plans to reform its Overseas Investment Act, Prime Minister Luxon’s focus remains on supporting local farmers rather than foreign investors. In Australia, state-level tax increases on foreign ownership have led to a decrease in institutional investment. Overall, restrictive policies may deter foreign investment in these agricultural markets.

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