August 28th, 2009
Associate Professor Kevin Voges of Canterbury University has co-authored a study with two Queensland academics which has found consumer perception of a company which sponsors a sports team is influenced by the team’s fortunes.
This the first international study to demonstrate how results interact with sponsorship. It followed the Queensland State of Origin rugby league [...]
August 28th, 2009
The Securities Commission wants some company directors banned for life, and more sent to jail, as part of an overhaul of securities laws.
At present, errant directors can only be banned for up to five years. But the Commission is looking to take a harder line, saying it wants the ban extended to life and any [...]
August 28th, 2009
Finance Minister Bill English says NZ is a decade behind other countries in using public-private partnerships to accelerate, manage risk, and get value for money from big national infrastructure investments. He says the Govt is set to make extensive use of PPPs, in which private investors share in both the risks and upside of [...]
August 21st, 2009
Reserve Bank governor Alan Bollard says the exchange rate is not helping the sustainability of future growth and if the easing in monetary conditions the bank forecast in June did not eventuate he ” would reassess policy settings,” shorthand for dropping interest rates. ASB chief economist Nick Tuffley says the absence of any mention of [...]
August 21st, 2009
Business NZ has been casting its eye over productivity and how to lift it in NZ. It says the buck stops with the private sector to generate more wealth and lift the country’s living standards. It says every NZ business large and small should be addressing the basics of productivity. These are:
1. Management investing in [...]
August 21st, 2009
Continuing his anti-recession “rolling maul” John Key has promised further measures to tackle soaring unemployment on top of a $152 million plan to get thousands of young NZers off the dole. But he has indicated they won’t be as generous as the nine programmes targeting youth. The next measures being worked on will vary in [...]
August 14th, 2009
More discussion on how to bring the dollar down - the NZ Manufacturers and Exporters Association is warning overly optimistic comment and forecasts of a recovery from Reserve Bank Governor Alan Bollard are contributing to the dollars’ rise and threaten any export led recovery.
Assn CEO John Walley says “we risk missing the opportunity to [...]
August 14th, 2009
While NZ and Aust draw closer to a single economic market, there are other indications of how closely related the two economies are even without further loosening of rules. Finance Minister Bill English says if Aust makes big changes to its GST or personal tax rates, the pressure would be on NZ to respond to [...]
August 14th, 2009
Employers & Manufacturers Association (Northern) CEO Alasdair Thompson says the “40% cut by 2020′ being promoted by Greenpeace cannot be afforded by NZers, and neither can we afford the 15% reduction hinted at by Climate Change Minister Nick Smith. The ‘40% cut by 2020′ campaign trivialises the seriousness of the emissions target cuts facing all [...]
August 7th, 2009
Wealthy Kiwi investors are not putting their money into the productive economy - they are sitting on their fortunes and resisting the temptation to play the sharemarket. ING’s quarterly investor survey shows sentiment among our wealthiest private investors improved by 25% in the second quarter, lifting their overall outlook from “pessimistic” to “neutral” for the [...]
August 7th, 2009
In what will be seen as a blow to NZ Inc’s long term competitiveness, Professor Peter Gluckman chief science adviser to John Key, says the local science community is in the doldrums, is losing bright young minds and cannot be competitive if scientists are continually marginalised. Professor Gluckman says “bright young NZers are simply not [...]
August 7th, 2009
A new book ‘Employment Relations in NZ,’ by AUT employment relations Professor Erling Rasmussen says NZ’s low productivity goes back several decades and there are very real barriers to the country lifting its performance. He notes NZ is a small market trying to build a service and knowledge economy and this brings enormous and sustained [...]
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