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2021 – Capital Markets: Out of the tailspin

Covid-19 sent capital markets into a tailspin worldwide. But it also provoked a new wave of innovation in New Zealand. The pandemic provided an unexpected boost to the New Zealand stock exchange —the NZX—as Kiwi companies tapped the market for new equity to keep balance sheets in shape at a time when revenues were severely impacted in some sectors. The …

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2020 CFO Summit Connect: Fran O’Sullivan & Dr Alan Bollard

The 2020 CFO Summit Connect, chaired by Fran O’Sullivan, provided the latest information about political and economic trends, governance, risk and capital frameworks, and culture and forward-thinking concepts from global and local experts. In the video below Dr Alan Bollard discusses the New Zealand Economy under COVID-19. With global turbulence rising for trade policy and trade rules, and protectionism back …

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United States decline reinforces the importance of the Chinese trade relationship

New Zealand’s relationship with China will continue to be one of the most important and far-reaching while Covid-19 accelerates the relative decline of United States as the world’s economic engine, said a leading bank executive. Antonia Watson, chief executive of ANZ Bank New Zealand, told delegates at the 2020 China Business Summit in Auckland that “we are thankful China’s economy …

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E-commerce takes on new meaning for New Zealand businesses in Chinese market

The sixth annual China Business Summit 2020, organised by NZ INC. and Auckland Business Chamber, attracted record attendance and plenty of high spirits in the Cordis Hotel’s ballroom. Maybe, it was because the summit was the first major conference since the Covid-19 lockdown and the business leaders were excited to get out and network. But more importantly the 320 business …

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China moves on Hong Kong

China and Hong Kong will this week reach a major turning point, with the expected signing of the new National Security Law in Beijing. The law is designed to quell the continuing pro-democracy protests in Hong Kong, but marks a departure from the “One Country, Two Systems” arrangement Hong Kong has worked under since 1997, which includes a high degree of …

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Auckland’s infrastructure projects must go on: Phil Goff Q&A

Phil Goff speaks with Tim McCready about the impact of Covid-19 on Auckland’s infrastructure plans.   In February this year, Auckland Council was focused on the challenges ahead of a city enjoying relentless growth: building transport infrastructure to relieve traffic congestion, coping with the highest ever level of building consents, and dealing with environmental issues including water quality and climate …

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Does a Department of Public Works have a place in the 21st century?

Urban geographer and spatial planner Ben Ross looks at whether a department of public works has merit in the 21st century. Infrastructure Minister Shane Jones was recently quoted (Newsroom, April 2020) that New Zealand Transport Agency (NZTA) will no longer be just managing contracts. He also said that NZTA and KiwiRail should be allowed to self-consent projects under $20m. This …

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China Business Summit: Innovation key to Auckland’s growth

Brett O’Riley is adamant that innovation will be a key element of Auckland ‘s new global brand narrative. The chief executive of Auckland’s economic development agency Ateed has set a goal for Auckland to be  world-leading advanced industries city by 2020 as measured by the Brookings Institution. A key element in that strategy is the agreement Ateed’s O’Riley forged with …

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