Editing Economy of New Zealand (section)

=== Impact ===
Between 1997 and 2014, foreign investors made NZ$50.3 billion profit, 68% of which went overseas. The [[Campaign Against Foreign Control of Aotearoa]] (CAFCA) says this has a negative impact on the economy, arguing that when foreign investors buy up New Zealand companies, they tend to cut staff and push down wages.<ref name="SALE" /> It is also argued that growing foreign ownership has done nothing to reduce New Zealand's foreign debt. In 1984, private and public foreign debt was NZ$16 billion (NZ$50 billion in March 2013 dollars), which was less than half New Zealand's GDP at the time. By March 2013, total foreign debt stood at NZ$251 billion, well over 100% of New Zealand's GDP.<ref name="scoop.co.nz"/>

At the Singapore International Energy Week (SIEW) conference, leaders from New Zealand and Cambodia highlighted the challenge of maintaining public support for clean energy transitions due to rising electricity costs. They emphasized the importance of balancing affordability with sustainability to ensure long-term success.<ref>{{Cite news |date=23 October 2024|title=New Zealand, Cambodia cite political risks due to high energy transition costs |newspaper=Reuters|url=https://www.reuters.com/business/energy/new-zealand-cambodia-cite-political-risks-due-high-energy-transition-costs-2024-10-21/  |access-date=23 October 2024}}</ref>