Sam Stubbs: Simplicity Founder on the Government seeking foreign investment at the global investment summit

A lot could be riding on the Government's upcoming global investment summit.  Prime Minister Christopher Luxon's hoping to tease out more foreign financial investment in New Zealand's projects and industries at the two-day event in March   But Simplicity Chief Executive Sam Stubbs says he's concerned Luxon will spend more time focused on offshore money than domestic money.  He told Mike Hosking getting a dollar from overseas is a lot harder than getting a domestic dollar in the door.   Stubbs says we'll need to be providing a lot of incentives, something we've typically steered clear of in the past, and you can't just set up an expo tent, sprinkle it with a few All Blacks and expect foreigners to invest in New Zealand - it's a competitive business.  He says it's all very well to focus on the offshore money, but he thinks the size of the prize is much bigger domestically.  LISTEN ABOVE See omnystudio.com/listener for privacy information.