Latest news with #RaymondFord
Scoop
5 days ago
- Business
- Scoop
Overseas Investment Bill Could Undermine Public Access
Press Release – Federated Mountain Clubs The Overseas Investment Amendment Bill, introduced to encourage foreign investment by simplifying the current regime, adopts a narrow economic focus and overlooks wider social, environmental, and public access considerations. 'New Zealanders must retain their right to enjoy the places that define who we are,' says FMC Executive Board Member Raymond Ford, in response to the government's proposed changes to overseas investment rules. The Overseas Investment Amendment Bill, introduced to encourage foreign investment by simplifying the current regime, adopts a narrow economic focus and overlooks wider social, environmental, and public access considerations. While FMC supports overseas investment in principle, the organisation is concerned that the Bill's focus on economic opportunity and national security will sideline important factors — including public access, environmental protection, and community wellbeing. The Bill seeks to replace the existing multifaceted testing framework with a single 'National Interest' test. This change would remove longstanding requirements to assess impacts on heritage, the environment, and access to public lands. FMC recommends replacing the narrow test with a broader one that includes environmental, heritage, and public access considerations. It also calls for mandatory consultation between the Overseas Investment Office and Te Herenga ā Nuku / Outdoor Access Commission before land purchases are approved, ensuring existing public access arrangements are carried over when land changes ownership, and requiring ministers to consider the full range of national benefits, not just economic outcomes. The Bill should be withdrawn and the entire Act redrafted, setting out a clear process for foreign investment proposals with the relevant tests to assess whether they would generally benefit New Zealand. 'The future of public access depends on balanced, transparent decision-making that values more than just profit,' Ford said.
Scoop
6 days ago
- Business
- Scoop
Overseas Investment Bill Could Undermine Public Access
Press Release – Federated Mountain Clubs The Overseas Investment Amendment Bill, introduced to encourage foreign investment by simplifying the current regime, adopts a narrow economic focus and overlooks wider social, environmental, and public access considerations. 'New Zealanders must retain their right to enjoy the places that define who we are,' says FMC Executive Board Member Raymond Ford, in response to the government's proposed changes to overseas investment rules. The Overseas Investment Amendment Bill, introduced to encourage foreign investment by simplifying the current regime, adopts a narrow economic focus and overlooks wider social, environmental, and public access considerations. While FMC supports overseas investment in principle, the organisation is concerned that the Bill's focus on economic opportunity and national security will sideline important factors — including public access, environmental protection, and community wellbeing. The Bill seeks to replace the existing multifaceted testing framework with a single 'National Interest' test. This change would remove longstanding requirements to assess impacts on heritage, the environment, and access to public lands. FMC recommends replacing the narrow test with a broader one that includes environmental, heritage, and public access considerations. It also calls for mandatory consultation between the Overseas Investment Office and Te Herenga ā Nuku / Outdoor Access Commission before land purchases are approved, ensuring existing public access arrangements are carried over when land changes ownership, and requiring ministers to consider the full range of national benefits, not just economic outcomes. The Bill should be withdrawn and the entire Act redrafted, setting out a clear process for foreign investment proposals with the relevant tests to assess whether they would generally benefit New Zealand. 'The future of public access depends on balanced, transparent decision-making that values more than just profit,' Ford said.
Scoop
6 days ago
- Business
- Scoop
Overseas Investment Bill Could Undermine Public Access
'New Zealanders must retain their right to enjoy the places that define who we are,' says FMC Executive Board Member Raymond Ford, in response to the government's proposed changes to overseas investment rules. The Overseas Investment Amendment Bill, introduced to encourage foreign investment by simplifying the current regime, adopts a narrow economic focus and overlooks wider social, environmental, and public access considerations. While FMC supports overseas investment in principle, the organisation is concerned that the Bill's focus on economic opportunity and national security will sideline important factors — including public access, environmental protection, and community wellbeing. The Bill seeks to replace the existing multifaceted testing framework with a single 'National Interest' test. This change would remove longstanding requirements to assess impacts on heritage, the environment, and access to public lands. FMC recommends replacing the narrow test with a broader one that includes environmental, heritage, and public access considerations. It also calls for mandatory consultation between the Overseas Investment Office and Te Herenga ā Nuku / Outdoor Access Commission before land purchases are approved, ensuring existing public access arrangements are carried over when land changes ownership, and requiring ministers to consider the full range of national benefits, not just economic outcomes. The Bill should be withdrawn and the entire Act redrafted, setting out a clear process for foreign investment proposals with the relevant tests to assess whether they would generally benefit New Zealand. 'The future of public access depends on balanced, transparent decision-making that values more than just profit,' Ford said.
Yahoo
09-07-2025
- Sport
- Yahoo
Injured Cacace out of Ford fight in Riyadh
Cacace has won 24 out of his 25 professional fights, nine by knockout [Getty Images] Belfast's Anthony Cacace has been forced to withdraw from his fight against former world featherweight champion Raymond Ford because of a back injury. Cacace had been due to face the 26-year-old New Jersey southpaw on the undercard of Moses Itauma and Dillian Whyte's heavyweight bout in Saudia Arabia on 16 August. Advertisement However, the 36-year-old has had to pull out of the 12-round super-featherweight contest after injuring his back in training. "We wish Anto well in his recovery and hope to see him return to the ring later this year," said Queensberry Promotions. The fight would have given Cacace the chance to cement his position as one of the biggest forces in the 130-pound division. In May 2024, he claimed the IBF title with a shock eighth-round stoppage win over Joe Cordina before beating Josh Warrington in a non-title contest at Wembley five months later. Cacace vacated his IBF belt in January before stopping former two-time world champion Leigh Wood in Nottingham in May. More boxing from the BBC
BBC News
09-07-2025
- Sport
- BBC News
Injured Cacace out of Ford fight in Riyadh
Belfast's Anthony Cacace has been forced to withdraw from his fight against former world featherweight Raymond Ford because of a back injury. Cacace had been due to face the 26-year-old New Jersey southpaw on the undercard of Moses Itauma and Dillian Whyte's heavyweight bout in Saudia Arabia on 16 August. However, the 36-year-old has had to pull out of the 12-round super-featherweight contest after injuring his back in training."We wish Anto well in his recovery and hope to see him return to the ring later this year," said Queensberry Promotions. The fight would have given Cacace the chance to cement his position as one of the biggest forces in the 130-pound division. In May 2024, he claimed the IBF title with a shock eighth-round stoppage win over Joe Cordina before beating Josh Warrington in a non-title contest at Wembley five months vacated his IBF belt in January before stopping former two-time world champion Leigh Wood in Nottingham in May.
