Something makes me doubt you could point out any society in history where the rich and well-connected are treated like everyone else. Not to say I think this is necessarily a good thing (or necessarily a bad thing, either) but them's the rules of the world.

Does NZ not benefit from this system? I mean, it seems like a good deal to me - attracting large amounts of local investment in return for something fairly small.

It’s is the same rule? Once you have a visa, you apply for MIQ. These visa applicants getting into line like everyone else.

If you’re talking about the visa itself, these rich folks are getting approved through an immigration pathway approved by parliament. Nobody is taking any shortcuts here.