As an illustration of the wide range of tapes available from the CHR tape range, SWF Distribution are highlighting the Strip-N-Stick rubber silicone tape. This product is easy to apply is a pressure sensitive adhesive with will outperform other elastomer tapes.
Whether it be for gasketing cushioning, thermal insulation and vibration dampening applications this tape offers many long term solutions. It can even provide electrolysis reduction between dissimilar metals.
SWF Distribution see this product as another example of the breadth and depth of what is on offer from the CHR Tape product range . Being a company that prides itself on providing solution based products to its customers the Strip-N-Stick rubber silicone tape is just another one of those products
The company and its Managing Director Mr Ross Eathorne are keen to work with potential customers in talking through this product and other options within the product range. Supported by a global network of product experts from Saint-Gobain it is an exciting mixture of expertise and quality product. Eathorne also talks about the value of dealing with a New Zealand based company for your information and point of contact. You can reach Ross on This email address is being protected from spambots. You need JavaScript enabled to view it. or by phone on 09 441 0040
The Reserve Bank remains focused on preserving financial stability, while facilitating innovation and improved efficiency in the rapidly-evolving payments space, Deputy Governor Grant Spencer said today.
In a speech to the Payments NZ conference, Mr Spencer said the payments landscape around the world is changing dramatically as customers demand more real-time payment options, innovative new technologies are developed and more players enter the market.
“Alongside the rapid pace of innovation and technology change, there are some serious risks, which policy makers around the world are responding to. These include cybersecurity threats, concentration risks from outsourcing to third-party suppliers, and the disruption that can occur with payment network outages. If Financial Market Infrastructures (FMIs) are not well managed, they can become a conduit for the contagion of shocks across the financial system.
“The rapidly changing payments landscape provides challenges and opportunities. For the Reserve Bank, the main focus is on preserving financial stability while also facilitating innovation and improved efficiency.”
In New Zealand, the Reserve Bank and Financial Markets Authority (FMA), as the joint regulators of designated systems, have been developing a new oversight framework for FMIs.
“We believe the proposed oversight framework would promote FMI stability and efficiency in a changing environment,” Mr Spencer said.
Mr Spencer says the oversight framework and proposals are still subject to Cabinet approval. The next step in the process would be to prepare new legislation. The Reserve Bank would issue an exposure draft for consultation early next year.
“A key feature of the proposed new framework is crisis management. We are proposing that the Reserve Bank and FMA would have a tools to respond if a systemically important FMI fails or is about to fail. In such a situation, we want to facilitate an orderly recovery or resolution so as to minimise potential disruptions to the financial system.”
Mr Spencer also provided an update of the Reserve Bank’s project to replace two important parts of the New Zealand payments infrastructure — the Exchange Settlement Account System (ESAS) and NZClear. At this point, these upgrades are due to be completed by the end of 2018.
Background
Financial Market Infrastructures (FMIs) are the channels through which financial institutions, governments, businesses and individuals transmit money and financial instruments. They are generally sophisticated systems that centralise certain activities, handling significant transaction volumes and sizeable monetary values. They include payment systems, settlement systems, central counterparties, central securities depositories, and trade repositories. For a variety of reasons, individual FMIs can become systemically important, in that their failure could have significant adverse consequences for the financial system.
More information
· Speech: Innovation with resilience – a Central Banker’s perspective· Financial market infrastructure oversight· Bulletin article: Disruption or distraction? How digitisation is changing New Zealand banks and core banking systems.
LIGNA, the world’s leading trade fair for machinery, plant and tools for the woodworking and timber processing industry, is gearing up for its 2017 season (22 to 26 May).
While the opening day is still about six months away, the organizers, Deutsche Messe and the German Woodworking Machinery Manufacturers’ Association, can already speak of an excellent turnout: 90 percent of the available exhibition space has been booked.
“LIGNA is on track for success. In fact, compared with the same stage in the planning cycle for the last show, we are well ahead in terms of booked space,” commented Christian Pfeiffer, the Director in charge of LIGNA at Deutsche Messe. “For the upcoming show we are partnering with the German Woodworking Machinery Manufacturers’ Association and our regular exhibitors to develop a new thematic layout that reflects the changing ways in which customers of all sizes use woodworking and timber processing technology. And I’m pleased to say the initiative has really paid off.”
The upcoming LIGNA will see smaller providers showcasing themselves alongside major players, to the benefit of all concerned. Exhibitor locations at the show are now based on salient aspects of technology use, giving rise to completely new display clusters. Visitors, in particular, will benefit considerably from this revamped layout plan, which is designed to make their visit even more efficient by giving them quick, convenient access to the themes that matter most to them.
Exhibitors have given a resounding “thumbs up” to the new hall layout scheme, which in some cases has even led to exhibitors booking more space for enlarged presentations. Repeat exhibitors with a significantly greater footprint in 2017 include Biesse, Bürkle, Cefla, Felder, IMA, SCM and UNIMAK.
Also among their number will be Festool, which will be represented at two separate stands. But it’s not just repeat exhibitors who have put LIGNA’s organizers in an upbeat mood: LIGNA 2017 will also feature numerous first-time exhibitors, such as RS Wood from Italy, Aigner-Werkzeuge from Austria and Vector Systems from New Zealand. Newcomers in LIGNA’s surface technology display area also include many internationally renowned companies, such as Intergroup Plastik (Turkey), Unison (Poland) and IVM Chemicals (Germany).
The Wood-Based Panel Production, Sawmill Technology and Energy from Wood displays will likewise benefit from a strong showing of repeat and first-time exhibitors, many of them global market leaders. The repeat exhibitors include German companies Akzo Nobel, Brüninghaus Verpackungssysteme and Heizomat, and Italian company Itipack. Well-known first-time exhibitors include Scheuch LIGNO (Austria), Rotodecor (Germany) and Signode Industrial Group (Sweden).
The central focus of the upcoming show will be on intelligent concepts for integrated manufacturing across all links in the wood processing chain. Integrated manufacturing opens up major opportunities for companies seeking to develop new business areas, boost productivity and build their competitive edge.
LIGNA 2017 will showcase the close interplay between and ongoing integration of the virtual and real worlds – across the entire value chain of the timber processing and woodworking industries.
Other big highlights at next year’s show include a comprehensive display of solutions for processing plastics and composites, a series of training courses for joiners, cabinetmakers, carpenters, assemblers and installers, the Wood Industry Summit and the “Fibers in Process@LIGNA” showcase.
“Fibers in Process@LIGNA” is a technology transfer event in two parts – one featuring processes and technologies from the pulp and paper industry that are relevant for the wood industry, and the other featuring materials made from paper, pulp and wood.
In 2017, LIGNA – the world’s leading trade fair for machinery, plant and tools for the woodworking and timber processing industry – is once again expected to attract around 1,500 exhibitors, with more than half from outside Germany.
The Commerce Commission has today published its draft determination on NZME and Fairfax’s application under the Commerce Act seeking authorisation to merge their media operations in New Zealand. The Commission’s preliminary view is that it should decline to authorise the merger.
The proposed merger would bring together New Zealand’s two largest newspaper networks and two largest news websites. The Commission has assessed the impact of the merger on competition in both advertising and reader markets for a number of media platforms as well as the overall impact on quality and plurality (diversity of voices).
The Commission’s preliminary view is that the merger would be likely to substantially lessen competition in a number of markets, including the markets for premium digital advertising, advertising in Sunday newspapers and advertising in community newspapers in 10 regions throughout New Zealand. It also considers the merged entity would be likely to increase subscription and retail prices for Sunday newspapers and introduce a paywall for at least one of its websites.
Chairman Dr Mark Berry said the merger would result in one media outlet controlling nearly 90% of New Zealand’s print media market. This would be the second highest level of print media ownership in the world, behind only China. The merged entity would also control New Zealand’s two largest news websites – nzherald.co.nz and stuff.co.nz – which together have a population reach more than four times larger than the next biggest domestic news website. Further, the merged entity would own one of New Zealand’s two largest commercial radio companies. All this would result in an unprecedented level of media concentration for a well-established liberal democracy.
“Our preliminary view is that competition would not be sufficiently robust to constrain a multi-media organisation, potentially with a single editorial voice, that would be the largest producer of national, regional and local news by some margin in New Zealand,” Dr Berry said.
“NZME and Fairfax each play a substantial role in influencing New Zealand’s news agenda. Competition between the parties drives content creation, increases the volume and variety of news available in New Zealand and assists with objectivity and accuracy in reporting. Our view is that the removal of this competitive tension would likely lead to a reduction in the quality and quantity of New Zealand news content both online and in print, with potential flow-on effects in television and radio.
“We recognise that the merger would achieve net financial benefits through organisational efficiencies. However, while we cannot quantify the detriments we see with respect to quality and plurality of the media, we consider that detriments resulting from increased concentration of media ownership in New Zealand would outweigh the quantified benefit we have calculated. In particular, the potential loss of plurality has weighed heavily in our draft decision. On this basis, we propose to decline the application.”
A public version of the draft determination is available on the Commission’s website.
The Commission is seeking submissions on its draft determination by the close of business on Tuesday 22 November 2016.
Please send submissions to This email address is being protected from spambots. You need JavaScript enabled to view it. with the reference Fairfax/NZME in the subject line of your email or to PO Box 2351, Wellington 6140. Submissions will be posted on the Commission's website. If your submission contains confidential information please also provide us with a public version.
Under the Commerce Act, the Commission may determine to hold a conference prior to making a final determination. We have currently scheduled a conference in respect of this matter for three days in Wellington: Tuesday 6 - Thursday 8 December 2016. Further information and venue details will be posted on our website shortly.
BackgroundAuthorisation applications follow a two-step process under the Commerce Act. The Commission must first assess whether the merger would be likely to substantially lessen competition in a market.
We assess whether a merger is likely to substantially lessen competition in a market by comparing the likely state of competition if the merger proceeds, with the likely state of competition if it does not. If we are satisfied that the merger is not likely to substantially lessen competition, then we would clear the merger at the first step.
If we cannot give clearance due to competition concerns, the second step is to determine whether the merger should be authorised applying the public benefit test. The public benefit test involves a balancing of the public benefits and detriments that would, or would be likely to, result from the merger. We must authorise a merger if we are satisfied that the merger will result in such a benefit to the public that it should be permitted.
The Commission can only accept structural undertakings, such as the divestment of assets, from parties to resolve competition concerns in a market. We cannot accept behavioural undertakings – where the parties agree they would or would not make specific business decisions post-merger in order to gain approval.
Our Authorisation Guidelines provide further detail on the process we use to determine authorisation applications.
Relates to: Business Competition
Property owners and tenants are being offered the chance to get a free assessment done on their office buildings to start them on the journey to obtaining a NABERSNZ Certified Rating.
NABERSNZ is an independent measurement and rating tool that benchmarks the energy performance of commercial office buildings in New Zealand.
NABERSNZ is delivered in New Zealand by EECA Business in collaboration with the New Zealand Green Building Council (NZGBC).
NZGBC chief executive Andrew Eagles today announced 60 free NABERSNZ feasibility assessments are available for existing office properties in Auckland, Christchurch and Wellington.
The assessments would look at what is required to undertake a NABERSNZ Certified Rating.
“This free assessment will help owners and tenants to get started on achieving a NABERSNZ Certified Rating,” said Mr Eagles.
Feasibility assessments will be carried out by NABERSNZ interns, who will undergo a training course before starting. The interns will be supervised by NZGBC.
Mr Eagles and his team will work with those who undertake the assessment to continue the process to achieve a Certified Rating.
“We have helped many owners and tenants achieve great results at their buildings, starting by getting the easy wins which instantly result in savings.
“NABERSNZ helps landlords identify improvements they can make to save energy and that makes their building more attractive to tenants.
“A building with a high NABERSNZ Certified Rating is more likely to attract high value tenants who will pay a premium for an energy efficient building – research in Australia shows up to 8% more.
“The steps you take to get a good Certified Rating will see you reduce costs, save energy and improve comfort.”
Applicants may be property owners, tenants, consultants, building managers or facilities managers representing their clients.
Further information:Link to application document
NABERSNZ provides a benchmark for energy performance against other buildings across New Zealand. The starting point for many businesses is the free online self-assessment tool, which provides a feel for how the building might rate. A Certified Rating is an in-depth assessment, providing a publishable official rating. Certified Ratings range from 0 to 6 stars.
Link to online assessment tool
Ludde Ingvall unveiled major modifications to his former 90 foot yacht when it emerged from the Southern Ocean's shed in Tauranga, New Zealand today. The work has been undertaken with backing from Sir Michael Hintze.
Ingvall, a former round the world yachtsman, world champion and record holder, has taken over a year to transform the yacht, from a fairly conventional 90 footer to a striking 100 foot super maxi.
Ingvall is a two-time line honours winner of the Rolex Sydney Hobart race, first in 2000 and again in 2004. The yacht has now been re-modelled and re-named CQS after its principal sponsor.
Working with a top technical team including yacht designers, engineers, yacht builders, rig designers and sail makers, they have produced a boat that pushes the boundaries of design technology.
The distinctive new hull shape features a reverse bow, an outsized bowsprit, 'wings' to spread the shroud base supporting the mast and a wide platform across the cockpit area.
The spars for the remodelled supermaxi are coming from Hall Spars & Rigging NZ.
Speaking as the hull emerged from its construction tent, Ludde commented 'this is the start of a very exciting adventure. Computer modelling suggests the yacht has the potential to produce some impressive speeds, given the right conditions, but we will only know how she performs when she is in the water and as the race programme unfolds.'
Going on to praise the team that had worked on the project, he added 'everyone has put in a fantastic effort and worked exceptionally long hours to get us to this stage. I am really grateful for all their work and skill in creating this innovative boat.'
Sir Michael added that 'this is a quest for innovation and performance. We would not be launching without the knowledge and experience of my cousin Ludde. It is a true team effort which I'm excited to be a part of. We have a strong team of designers, boat builders and sail makers and this gives us confidence, but we are mindful that the ocean will be our ultimate judge.'
Ireland 40 New Zealand 29!!! And it only took 111 years!_____________________________________
Monday 7 November 2016Last updated: 1541_____________________________________
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Nothing astonishes men so much as common sense and plain dealing.
- Ralph Waldo Emerson (1803 - 1882)
Five Million Population?As of this morning 269,962 to go . . .
New Zealand Party’s forecast based on own pre-election analysis
New Zealand’s ACT Party predicts without qualification that Donald Trump will be the next president of the United States. The political party’s newsletter Free Press states flatly that “Clinton is bombing out.”
The party simultaneously forecasts that the “fallout” from Mr Trump’s election “will be like Brexit.” It will be “terrifying the day before and unnoticed the day after.”
The party’s Trump prediction is based on its own pre-election soundings in the lead up to New Zealand’s own general elections. The party does not amplify this demographic or statistical analysis.
But their prediction is taken to be a comparative one based on a broadly similar anglo-saxon English speaking and ethnic mix.
ACT New Zealand is a free market political party in New Zealand founded in 1993 by Roger Douglas the former finance minister generally credited with converting the economy from a regulated command one to its current enterprise status.
In spite of its Trump prediction the party is pessimistic about his actual effect and value of Trump in office. The party it says has long watched “neophyte” MPs and Ministers,” no matter how successful in their previous lives”, get thoroughly “gazumped” by bureaucrats with "30-40 years’" experience in their area.
This bureaucratic inertia quotient is cited as the reason the party believes that the Trump presidency will in the event be a “fizzer.”. .
From the MSCNewsWire reporters desk - Monday 7 November 2016
Bayer is continuing its investment in producing high-quality animal health medicines in New Zealand with the commissioning today (Friday 4 November 2016) of a new $3 million water treatment station at its Manukau production site.
The new plant takes ordinary tap water and through a system of filtering, deionizing and softening converts it into Pure Water (PW). It is then further refined and distilled to create Water For Injection (WFI).
Bayer New Zealand managing director Derek Bartlett says the new water treatment plant is a major leap for the production site.Both types of water are used in manufacturing a wide range of animal medicines and products ranging from metabolics for dairy cows to drenches and supplements for farm livestock and horses.Pictured above are:Chris Buttkus (Product Supply Site Manager), Derek Bartlett (Bayer New Zealand Managing Director), Bhaskar Premji (Head of Production) and David Cloete (Engineering Manager).“Previously it would take about six hours to produce 2000 litres of Water For Injection. Now we can produce 2000 litres in one hour. We can now get high quality water whenever we want without any restrictions, which will impact positively on our production times.”
Another important feature of the water treatment plant is its ability to self-monitor. “Basically, it self-checks itself to ensure the water being produced does not get contaminated or go out of spec,” says Bartlett. As well as treating water, the new plant also distributes it throughout the Manukau production site 24/7 and has two large storage tanks.
Following the commissioning of the plant, there will be a two month testing and validation process before full manufacturing begins in January.
The new water treatment plant is part of a series of multi-million upgrades to the Manukau plant. Other improvements will be made to its Liquids and Pastes production facility starting next year. “Bayer firmly believes in supporting our local farming industry here in New Zealand,” says Bartlett.
“To do that, it is crucial that we invest in our manufacturing plant, which not only produces animal medicines for local use, but also exports to more than 70 countries around the world.”
A Bayer release
A workplace fatality involving an exploding bitumen emulsion tank has important lessons for industry according to WorkSafe New Zealand.
On 30 November last year, an employee of Corboy Earthmovers Limited in Te Awamutu was killed when emulsion was being transferred under pressure from a transport tank (an “emulsion pig”) to a heating tank. A blockage in the transfer line caused a build-up of pressure in the emulsion pig.
This caused the rear plate welds to fail, and rear plate swung around and hit the victim.
“The issue here, and what industry needs to be very aware of, is that the emulsion pig was not constructed to take pressure and nor was there an over-pressure safety device fitted to it,” says WorkSafe Chief Inspector Keith Stewart.
“This company had used pumps to transfer the emulsion up until 2007, and that was a far safer process. When Corboy started using compressed air it did not identify pressure build-up as a risk and it should have used a properly designed and constructed pressure vessel – that would have avoided this tragedy.
“Using pressure to transfer materials between containers has inherent risks which must be identified and managed no matter what the circumstances are, and under no circumstances should containers which are not pressure-rated vessels be used,” Mr Stewart said.
Corboy Earthmovers was charged under S6 of the Health and Safety in Employment Act with failing to take all practicable steps to ensure the safety of its employee while at work. The charge carries a maximum fine of $250,000 (This incident occurred prior to the introduction this year of the Health and Safety at Work Act.)
The company was ordered to pay reparations of $140,319.80 by the Hamilton District Court today. The Judge considered that an appropriate fine would have been $73,800, but noted that the company is in liquidation so no fine was imposed.
A WorkSafe New Zealand Release
Palace of the Alhambra, Spain
By: Charles Nathaniel Worsley (1862-1923)
From the collection of Sir Heaton Rhodes
Oil on canvas - 118cm x 162cm
Valued $12,000 - $18,000
Offers invited over $9,000
Contact: Henry Newrick – (+64 ) 27 471 2242
Mount Egmont with Lake
By: John Philemon Backhouse (1845-1908)
Oil on Sea Shell - 13cm x 14cm
Valued $2,000-$3,000
Offers invited over $1,500
Contact: Henry Newrick – (+64 ) 27 471 2242