New Zealand

Young Kiwi’s challenge leaders on climate change inaction

Over 700 young people held a flash mob outside Britomart yesterday to launch a new campaign for climate change solutions, in the wake of New Zealand being named as one of the worst players at the UN climate negotiations in Doha.  Youth organiser Lance Cash said the 100% Possible campaign is borne out of the frustration of many young New …

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ANZ Morning Brief: Berlusconi back in arena

MONTI TO QUIT; BERLUSCONI BACK IN THE ARENA. Italian PM Mario Monti has told the head of state that he has lost support in Parliament and intends to resign. He has been in power 13 months and his unelected emergency term was due to conclude in April. Not coincidentally, earlier the same day, Silvio Berlusconi (76) announced plans to run for …

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Well done Steven – Joyce takes Selwyn Pellett to task on Twitter

Following in the footsteps of US President Barack Obama, Economic Development Minister Steven Joyce took to Twitter with his latest comments on policy. Joyce took aim at ex-Endace CEO Selwyn Pellett after he took the government to task on R&D grants, the same  program from which Endace received $11.1 million in funding. “I remain unhappy about taxpayers’ previous R&D investment …

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‘Technology a 19th Century land grab under TPP’ – Don Christie

Don Christie – founder of Catalyst IT and a leading New Zealand expert on open source software – said he was disappointed with the proposed effects for the technology industry under TPP at today’s stakeholder meeting in Auckland. “TPP is a big missed opportunity” said Christie citing an independent report out of the UK (available for download below) which called …

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NZ Super Fund world’s “most innovative”

The NZ Superannuation Fund has been named the world’s most innovative sovereign fund. The fund won the prestigious Sovereign Wealth Fund category in the 2012 aiCIO Industry Innovation Awards in New York. The other finalists were the Australian Future Fund; Singaporean fund GIC; Norges Bank Investment Management and the State Oil Fund of Azerbaijan. Chairman Gavin Walker said the award …

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Madoff whistleblower and FBI target New Zealand

The man who blew the whistle on American Bernie Madoff, and two Federal Bureau of Investigation (FBI) investigators of massive U.S. insider trading activities, are heading to New Zealand. They will be attending two inaugural events being hosted by the New Zealand Serious Fraud Office (SFO) in February 2013 – one of those, open to the business community. Simon McArley, …

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NZ well positioned for 2050, says Economist executive editor

“Surpringly well positioned for 2050”. That is how Daniel Franklin, editor of The Economist summed up New Zealand’s long-term economic position. Population growth was cited as a critical driver for growth, much the same as the Asian economy. That same Asian economy will be relied on to sustain continued growth also says Franklin. “New Zealand is surprisingly well positioned for the world …

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