The majority of New Zealanders aged 14+ years are now using some form of social media. Having monitored Facebook for over five years, Roy Morgan Research also reports that over half of New Zealanders (56%) use Facebook in an average four weeks. These finding are from ‘The Digital Universe’ report, recently released by Roy Morgan Research. Currently visited by 2 …
Read More »New Zealand
Vale Sir Wilson Whineray 1935-2012
All Blacks legendary captain and captain of business Sir Wilson Whineray passed away yesterday aged 77. Sir Wilson played 32 tests for New Zealand, and was captain in all but two of them. He rose to great heights in his business career chairing Carter Holt Harvey for a decade and also National Bank. Auckland International Airport chairman Joan Withers said today, …
Read More »Hugh Fletcher: The status quo is not good enough
For thirty years New Zealand has run a current account deficit, averaging around 5% of GDP. To cover this cash outflow, New Zealanders have sold assets to, or borrowed from, foreigners. As a result New Zealand’s net foreign liabilities are around 75% of GDP, a very high ratio by international standards. Despite recent years having enjoyed higher prices for our exports and …
Read More »Ateed finalist in 2012 International Sports Event Management Awards
The 2012 International Sports Event Management Awards today announced Auckland Tourism, Events and Economic Development (ATEED) as a finalist for the prestigious Sport City Award. The ISEM Awards are the only international Awards to recognise excellence in the global sports event management industry. Conducted annually and now in its sixth year, the Awards honour sports event management industry leaders through …
Read More »NZ Agricultural exports could double by 2050 – ANZ
Up to $1.3 trillion additional revenue available to New Zealand over next four decades – New Zealand has the potential to capture $1.3 trillion more in agricultural exports between now and 2050 if targeted actions are taken, according to a new report released by ANZ today. ‘Greener pastures: The Global Soft Commodity Opportunity for Australia and New Zealand’ quantifies the size …
Read More »Quelle Surprise – Maori Council asks High Court to throw spanner in Govt’s asset sales programme
The Maori Council will today file papers in the High Court seeking a judicial review of the government’s plan to sell down Mighty River Power. Council solicitor Donna Hall told Radio New Zealand the case is that the government “is acting illegally in proceeding to sell the shares” before establishing what prior rights Maori have. “There’s now a final decision …
Read More »McCully to hold Burmese talks on Monday
Foreign Affairs Minister Murray McCully will hold official talks with his counterpart from Burma (Myanmar), Foreign Minister Wunna Maung Lwin, on Monday. Mr Lwin is visiting New Zealand as part of his country’s increasing international engagement since embarking on fundamental political and economic reforms a year ago. “New Zealand is greatly encouraged by the nature and scale of the reforms …
Read More »How good are NZ companies at Risk Management?
New Zealand companies and organisations are well aware of risk management strategies and approaches, but for many it is just a box ticking exercise rather than a core management function. Murray Chandler, partner for accounting and advisory firm Grant Thornton, said that this was one of the findings from the latest Grant Thornton New Zealand Business Risk Survey: Delivering value …
Read More »Fonterra buddies appear to be sticking around to protect incoming chairman
Is Fonterra’s Sir Henry van der Heyden staying on past his use-by date as the dairy co-operative’s chairman to protect chairman-elect John Wilson from a boardroom coup? That question was doing the rounds even before Fonterra confirmed on September 27 that van der Heyden would not step down from the board as expected this December when he hands over the …
Read More »Government allows Iwi ‘on account’ access forthcoming SOE IPOs but at issue price
Iwi groups yet to complete their Treaty settlements will be offered the opportunity to participate in the Government share offer programme, Finance Minister Bill English and Treaty Negotiations Minister Chris Finlayson say. “This is a result of our constructive engagement with Iwi leaders and their technical advisers,” the ministers say. “It is another example of how direct engagement with the …
Read More »