The Government today has announced plans to overhaul the Overseas Investment Act.

Among the reforms announced, it will fast track overseas investment for decisions to be made within 15 days, and empower the Government to intervene if a transaction is not in the country's best interest.

The overhaul would make it easier for New Zealand businesses to get new investment from overseas, as well as pay higher wages.

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More calls for Destiny Church to be struck off the charities list and lose their tax deductibility status; but as the conversation around charity status goes on, questions are being raised on whether other organisations should lose their status.

Sanitarium is just one of the giants that are tax exempt in New Zealand, and with more than 28,000 registered charities with an annual income of over $21 billion, a change would bring the country an influx of cash.

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ACT's David Seymour believes the opposition has drifted too far to the left - and it's dragged the party down.

Seymour has fired back at Labour after a full week of scrutiny and calls to resign following his letter advocating for Philip Polkinghorne and the Land Rover on Parliament's steps incident.

He says Labour used to stand for equality and democracy and fairness, but they've gone adrift over the years.

"They've given up on the idea of one person, one vote. If you take Willie Jackson, one of their most prominent ministers, who says - oh democracy has changed now, one person, one vote's not that important . Actually, one person, one vote is the whole point of democracy."

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