Foreign capital favoured
About twice as many New[< Zealanders believe this coun- 1 - try has to attract foreign in- il vestment capital as are cqn-| cerned about foreign m-ji vestment removing some of I: New Zealand’s independence, 1 ! according to a survey con- ii ducted bv Ogilvy and Math-11 [er, the Wellington-based ad-| vertising agency. ' The survey showed that: while some people were con-; cerned that the country s; independence would be com-; promised by the attraction (of foreign investment capi- 1 tai, about twice as many: people thought investment!' from overseas was necessary , to maintain a good standard
of living and allow New Zealand to keep pace with the rest of the world. i This attitude was .also 1 ! more prevalent among re-, (spondents in the survey than j 1 concern about money being, itaken out of New Zealand; by foreign investors. ■ i Conducted in early /Febru- ■ ■ary, prior to the news of a, : Coromandel farm being, ■bought by a Saudi Arabian: ! interest, the survey ques-i itioned 1000 persons aged la, !,. O3 rc - ove, throughout; New Zealand. i Kesuu>‘<.viitS were asked which of four statements
k ~*/^ r > b ed their attitude ' to the way in which foreign invested in New Zealland would affect the country. ( The four statements were[Will remove some of New (Zealand's independence [which gained al4 p er ctnt ' . • response; will result in .money being taken out of ,New Zealand (15 per cent)(is necessary to maintain a ’ (good standard of living (20 .per cent): and is necessarv (to- keep pace with the res’t ' of the world (36 per cent) Six per cent answered “don’t know.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19800418.2.124.10
Bibliographic details
Press, 18 April 1980, Page 18
Word Count
268Foreign capital favoured Press, 18 April 1980, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.