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2013: Kevin Bowler “Chinese visitors $645m each year”

By Brierley Penn In 2012, China became the largest outbound market of any in the world, growing 40 per cent relative to the 2011 period. In the next 12 months, China had become the second most important travel market for New Zealand, said Kevin Bowler, CEO of Tourism NZ, with Chinese visitors to NZ spending $645m each year. However, Bowler …

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2013: Marco Marinkovich “Perception is reality”

By Brierley Penn “New Zealand brand perception has been created over the past 100 years,” said Marco Marinkovich, CEO of Creative Bank at the 2013 China Business Summit. “Perception is reality.” “If I said Ronald Regan, you would think Watergate. If I said Bill Clinton, you would think Monica. If I said Lance Armstrong, you would think drug cheat.” It …

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2013: Hon Tim Groser “Opening Address”

By Tim Groser First, I would like to congratulate the Auckland Chamber of Commerce, NZ Inc and all the agencies and sponsors for putting this event together. I know and have worked with many of you on the New Zealand side over the years either on the China relationship or closely related matters. Many of you are genuine China specialists. …

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China warming to TPP, bi-partisan NZ approach vital, says Groser

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2013: Cathy Quinn “Understand how your counterparts operate”

By Brierley Penn Cathy Quinn, Chair of Minter Ellison Rudd Watts, shared her success strategies for Chinese investment transactions in New Zealand at the China Business Summit this morning. Most importantly, she reminded the audience that it is vital to both understand and invest in your relationship with Chinese counterparts. “We’re the little guys, so we need to understand how …

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2013: Theo Spierings “NASA of food safety and quality”

By Brierley Penn “I think that we are world class in manufacturing and in food safety, but we have to lift our game,”said Theo Spierings, CEO of Fonterra, at today’s China Business Summit, held in Auckland. “We have to become the NASA of food safety and quality.” Spierings brought a message of collaboration and unity in rebuilding New Zealand’s reputation …

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Spierings blames ‘she’ll be right attitude’ for Fonterra botulism scare

By Christopher Adams, NZ Herald Fonterra chief executive Theo Spierings says a “she’ll be right attitude” was one of the causes of the company’s botulism fiasco. Business leaders have gathered in Auckland today for the annual China Business Summit. The event’s main focus this year is the ongoing impact of Fonterra’s whey protein contamination scare, which led to a global …

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Reserve Bank’s LVR policy ‘will make very little difference’, ANZ’s Judge says

The Reserve Bank’s restrictions on low-deposit home loans won’t have much impact in alleviating pressures in a housing market driven by a shortage of land and high local authority compliance costs, says ANZ New Zealand chairman John Judge. Judge, chairman of New Zealand’s biggest lender, was speaking at Fletcher Building’s annual meeting in Auckland, where he is a director. “The …

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Fletcher Building sees 2014 earnings of $610M-$650M, no Australian improvement

Fletcher Building forecast earnings before interest and tax for 2014 of between $610 million and $650 million, saying there has been no improvement in Australia and weak trading is being compounded by a strong kiwi dollar. “In Australia, there has been no noticeable improvement in volumes since the new financial year began and our prognosis for the year is for …

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