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newzealandinc.com brings you all of the best from the social media space at the US-NZ Pacific Partnership Forum taking place in Washington D.C. Former President of the World Bank Robert Zoellick #USNZnext “developing countries hold 70% of worlds resources ” twitter.com/tobyjordan19/s… — Toby Jordan (@tobyjordan19) May 20, 2013 Bob Zoellick former head World Bank says China needs to make structural …

WHAT: 2013 US-NZ Pacific Partnership Form, a global gathering of 275+ game-changing thought leaders from business, government and non-profits, showcasing examples of what’s next for US-NZ relations and in the Asia-Pacific region. WHO: William J. Burns, US Deputy Secretary of State Robert Hormats, US Under Secretary of State for Economic Growth, Energy and the Environment Alan Bersin, US Assistant Secretary …

The night belonged to Xero and Vend at the NZ Hi-Tech Gala Award dinner in Auckland last night with each collecting two awards and Xero winning the coveted Hi-Tech Company of the Year award. The dinner was attended by over 700 guests at SKYCITY. Xero took out top honours, winning the PwC Company of the Year category as well as …

Vodafone New Zealand’s general counsel David Kreider has won a bid to keep his $541,000 a year job after the phone company’s acquisition of TelstraClear last year would have made him redundant in the subsequent restructure. They were at odds as to whether the disestablishment of his position as general counsel and the creation of a legal director role were …

New Zealand producers’ input and output prices posted the biggest gains in almost two years in the first quarter, driven by a rebound in electricity prices and higher prices for dairy manufacturers. Producer input prices, which are a measure of wholesale inflation, rose 0.8 percent in the first quarter from three months earlier, according to Statistics New Zealand. Output prices …

The New Zealand dollar slumped to its lowest this year on expectations an improving US economy may prompt its central bank to end its quantitative easing policy this year. The kiwi fell to 81.58 US cents from 82.48 cents at 5pm yesterday. The local currency earlier touched 81.37 cents, its lowest level since Nov. 21 when it traded at 81.08 …

Standard & Poor’s, the global credit rating agency, has put eight local banks on notice over the rising risk of a housing bubble bursting in New Zealand. Smaller lenders Cooperative Bank, Heartland Bank, TSB Bank, Credit Union Baywide, Credit Union South, First Credit Union, New Zealand Association of Credit Unions and Police and Families Credit Union have all had their …

The latest reports on the US economy pointed to weakness, or at the least slower forward momentum, leading investors to press the brakes on Wall Street’s record run. The Philadelphia Federal Reserve Bank said its gauge of factory activity in the mid-Atlantic region dropped to minus 5.2 in May, while the Commerce Department said housing starts sank 16.5 percent to …

Progress in the Government’s programme while on track to surplus Provides a suite of measures to build faster economic growth, support more jobs and deliver a more innovative and productive economy. Forecasts economic growth to average between 2 and 3 per cent a year over the next four years. Includes a $100 million-a-year internationally-focused growth and innovation package to boost …

Finance Minister Bill English will meet his targets for a return to budget surplus in 2015 and a drop in net debt by 2021 by putting a cap on new spending, taking in more tax and delaying the resumption of pension contributions. The Budget Economic and Fiscal Update forecasts a faster track for economic growth over the next four years, …