Balance of Payments and International Investment Position: Year ended 31 March 2008 (erratum published 23 January 2009)

• At 31 March 2008, Australia was the source of 31.7 percent of foreign investment in New Zealand and the destination of 28.0 percent of New Zealand's investment abroad.

• At 31 March 2008, Australia was New Zealand's main source of direct investment, while the USA and the UK were New Zealand's main sources of portfolio investment.

• At 31 March 2008, 92.2 percent of New Zealand's foreign currency external debt was hedged.

• The finance and insurance industry continues to dominate holdings of New Zealand's international assets and liabilities.

25 September 2008
ISSN 1178-0223