TPP critic Jane Kelsey has alleged the NZ Government has imposed unprecedented restrictions on registered stakeholders as it hosts the Trans-Pacific Partnership negotiations in Auckland this week. “We turned up this morning and found we are locked out of the entire Sky City Convention Centre for all 10 days except the so-called stakeholder day on Friday,” according to Professor Jane …
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50 NZ business leaders swing in behind Government as TPP negotiations resume
Senior business leaders have signed an open letter to Prime Minister John Key in support of the Trans Pacific Partnership (TPP) negotiations which get underway again in Auckland today. See – TPP – Open Letter The TPP negotiations have been under attack within New Zealand over their lack of transparency, sovereignty concerns and impact on intellectual property platforms. But the business …
Read More »500 trade negotiators are in Auckland for the 15th round of TPP talks
Negotiators from 11 countries gather in Auckland today at Sky City Convention Centre for the 15th round of the Trans-Pacific Partnership (TPP) talks. Outside the door are activists of all persuasion – human rights campaigners, anti-free traders, and consumer protection campaigners – who don’t like what is happening what happening behind closed doors. TV3 reports the NZ government has been …
Read More »Sir Graeme Harrison has a beef with Indonesia
Anzco Foods chairman Sir Graeme Harrison says the NZ beef trade has been impeded by the Indonesian Government’s decision to introduce quotas. “My own company Anzco Foods is New Zealand’s second largest beef exporter,” Sir Graeme told the Indonesia Forum. “We, along with others in the meat industry, have benefitted from rapid growth in shipments to Indonesia during the decade to …
Read More »PwC releases Global State of Information Security Survey 2013
PricewaterhouseCoopers have released the released the results from their 2013 survey on the Global State of Information Security. Information security is a real challenge to businesses operating in the contemporary technological environment where staying ahead of the game is more challenging than ever. Hear from more than 9,000 executives worldwide – including 180 from New Zealand, as they discuss threats to …
Read More »NZ Local Government Funding Agency AA+ rating – Fitch
Fitch Ratings has affirmed New Zealand Local Government Funding Agency Limited’s (LGFA) Long-Term Local-Currency Rating at ‘AA+’ and Long-Term Foreign-Currency Rating at ‘AA’. Fitch has also affirmed its Short-Term Foreign- and Local-Currency Ratings at ‘F1+’. The Outlook on the Long-Term Ratings is Stable. At the same time, Fitch has affirmed the senior unsecured bonds at AA+. The affirmation reflects the …
Read More »New Zealand to vote in favour of Palestine resolution at UN – McCully
Foreign Minister Murray McCully confirmed New Zealand will vote in favour of the resolution on the status of Palestine, due to go before the United Nations General Assembly this morning. But McCully says a UN resolution is “a poor substitute for direct negotiations between the two parties”. He says the primary reason for voting in favour of the resolution is …
Read More »ANZ Morning Brief: Lacklustre overnight session for markets
GLOBAL MARKETS: It was a rather lacklustre overnight session for markets. A positive start from yesterday’s sentiment that the US fiscal negotiations would be sewn up by Christmas faded as senior Democrat spokesperson, Chris van Hollen said they are “not close to a deal”. Republican US House Speaker John Boehner echoed similar sentiment, saying there had been “no substantive progress” on …
Read More »Boehner cites lack of progress, US economy grows
Underlining just how much in thrall of Washington global financial markets are right now, US stocks and the euro sold off after U.S. House Speaker and senior Republican John Boehner said there had been “no substantive progress” in talks to avoid the fiscal cliff. Boehner made the comments after speaking with President Barack Obama and Treasury Secretary Timothy Geithner, saying …
Read More »Japanese car sales slump in China
Japanese car brands at the Guangzhou auto show admit to difficult sales in China in a year which has seen violent protests over territorial disputes with Japan in the South and East China seas. Other foreign brands report growing sales in the world’s biggest car market
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