The Australian is today reporting that Australia is on track to sign free-trade agreement with China at about the time of the November G20 meeting in Brisbane, after the latest round of negotiations left senior ministers believing the deal can be clinched by the end of the year. The Oz story hedges bets somewhat about where the expected signing will …
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Kevin Rudd’s new Chief of Staff has good links with NZ, even if his boss doesn’t
Kevin Rudd’s new chief of staff Jim Murphy has strong links with New Zealand’s policy and business elites, even if his boss doesn’t. Murphy, an Australian Treasury deputy secretary, was at Peter Costello’s side when the former Australian Liberal Treasurer co-launched the Australasia single market process with former NZ Finance Minister Michael Cullen a decade ago. A taciturn man, he …
Read More »Michelle Grattan: Turnbull sees election as presidential Rudd versus team Abbott
With Tony Abbott lagging as preferred PM against Kevin Rudd, Liberal frontbencher Malcolm Turnbull has cast the election as a contest between a presidential pitch and “a traditional cabinet-based, consultative team approach to government”. In a speech titled “Leadership in times of Uncertainty”, Turnbull said: “We do not see this election as a presidential contrast, a contest between Kevin Rudd …
Read More »Rudd wants China to finally complete its FTA with Australia
newzealandinc.com couldn’t resist giving KRudd’s famous video one final airing after the Aussie Prime Minister called on “our friends in Beijing” to get on with the FTA with Australia. (The amusing video was leaked by the Gillard camp when they set out to roll Rudd in 2010). But that was then. Rudd has now called on China – Australia’s largest …
Read More »Australia looks at evolving Aussie Fonterra
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Read More »Day One: “It’s like ‘Gone with the Weennd’ except the Shelia’s at the bottom of the stairs” – Aussie journalist
TV3’s Paddy Gower scooped the pix for the Gillard kiss (double-cheeks if you have to know) after John Key swept down the staircase at the Boao Sofitel hotel straight into the Australian Prime Minister’s open-armed greeting. The photo-op had been careful stage-managed by Julia Gillard’s PR who officiously told the NZ journalist delegation accompanying the PM to the prestigious Boao …
Read More »NZ dollar falls to 2-month low as Australian data knobbles nervy investors
The New Zealand dollar may fall in a week that will be punctuated by central bank meetings, Australian data and US non-farm payrolls, and as risk appetite abates. The kiwi recently traded at 82.11 US cents, down from 82.42 cents in late New York Trade on Friday. It will trade in a range of 80.50 cents to 83.50 cents this …
Read More »Wellington Business Welcomes Contact Centres Australia
The second announcement in a week of new companies setting up in Wellington is further proof that the city and its environs are increasingly attractive base for business, says Wellington Employers’ Chamber of Commerce, Chief Executive Raewyn Bleakley. “The decision by Contact Centres Australia to choose the Wellington CBD to open their first New Zealand contact centre, creating] about 100 local …
Read More »The Oz’s John Durie says APN capital raising dead – Hunt and Chenoweth no option but to resign
Tough words from The Australian’s veteran business commentator John Durie this afternoon. The bottom line in the APN News & Media battle is as things stand, the equity raising is dead. “Shareholders own the company, not the chief executive Brett Chenoweth and chairman Peter Hunt, who now have no choice but to resign. ” Durie then dishes out a basic …
Read More »APN’s 2nd largest shareholder wants CEO and chairman out – won’t support capital raising
The Australian reports that APN News & Media’s second-largest shareholder, Simon Marais, supports the potential resignations of the company’s chief executive and chairman, and will not support a proposed capital raising. “It’s better that they go because it’s a silly thing to do … putting the cart before the horse,” Marais, the managing director of fund manager Allan Gray, told …
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