Through various Crown Financial Institutions, and in particular the New Zealand Super Fund, the Government indirectly holds about $ million of New Zealand equities onshore and about $ million offshore. Through its State Owned Enterprises and holdings in Air New Zealand, it holds another $ billion directly. Local Government also holds significant equity positions.
There are three particular types of corporate in New Zealand that have been untouched by foreign ownership because their form and modus operandi prevents this. They include State Owned Enterprises, and other Government companies and holdings.