Air New Zealand’s Nelson-based regional aircraft maintenance facility and the Nelson Marlborough Institute of Technology (NMIT) have finalised an agreement that will see them work together to train aircraft engineers in the Nelson region.
Air New Zealand Regional Maintenance Limited (ANZRML) and the tertiary education provider signed a Memorandum of Understanding earlier in the year to explore the development of a pathway for school leavers wanting to enter the aircraft maintenance industry.
Today this joint project came to life with Air New Zealand and NMIT committing to a five year partnership and announcing a joint training programme for engineers in the region. Under the agreement selected students will be offered a partial scholarship by ANZRML to attend the two year NMIT certificate in aeronautical engineering programme. These candidates will then complete two years of hands on training at ANZRML before becoming fully qualified aircraft technicians.
Air New Zealand General Manager Regional Maintenance Operations Adam McMillan says ANZRML employs more than 170 people in Nelson to undertake service work on turboprop aircraft, for both Air New Zealand and other international airline customers, and today’s MOU will help to futureproof the talent pool required to fulfil growing demand.
“This partnership will ensure a long-term solution to growing skills and talent to the benefit of those pursuing careers in the aviation industry, as well as Nelson and the wider region.”
Nelson Marlborough Institute of Technology Chief Executive Tony Gray says NMIT provides aviation engineering training to more than 200 domestic and international students.
“There’s no denying that the airline industry is rapidly growing and there are plenty of job opportunities available for skilled and trained aircraft technicians. We look forward to continuing our work with Air New Zealand and to further opening doors for those exploring aeronautical engineering careers.”
An Air New Zealand release
Wellington Institute of Technology (WelTec) engineering and ICT degree, diploma and graduate diploma students are gearing up to exhibit their leading edge projects undertaken in conjunction with industry. The event is being held at WelTec’s Petone campus from 5pm on 10 November.
One graduating student is young engineer Adam Webber who will be showcasing his work which could greatly enhance how concrete buildings are constructed. Adam is nearing completion of a Bachelor of Engineering Technology degree at WelTec and has already been employed by Don Thomson Consulting Engineers Ltd.
Adam’s final year project has been selected for the WelTec Engineering and Technology Showcase on 10 November. The project involved completing a new plan for the installation of concrete formwork at a water pump station in Ōtaki for local civil contracting company Juno Civil Ltd. The new design involves less materials and is code-compliant which were the parameters set by the client. Adam has taken the project one step further and is now investigating a modular formwork system that can be reused many times. This system would be able to be put together to create a wall form of varying sizes and would easily be assembled, disassembled, transportable and durable as well as cost efficient.
WelTec’s Head of Engineering Graham Carson says, “WelTec is proud to support our students with this showcase event which demonstrates to industry, the public and secondary school students how engineering and ICT can be applied in everyday settings and really make a contribution to industry and advancing thinking and practice, and that there are really exciting careers in these industries.
“We are incredibly excited about the students exhibiting this year. The engineering projects cover a range of areas including CNC profiled Plywood for medium density housing which has the potential to significantly reduce the cost of constructing dwellings to an environmental solution for capturing rain water and hydraulic modelling of a bio retention device plus much more,” says Graham Carson.
In the ICT field there are projects that investigate the presence of malicious software, new forensics software, a mobile app using smart phones that enables users to view profiles of influential business leaders, a Bluetooth app that allows tourists and trampers to send and receive information while in remote areas of New Zealand, a centralised cloud based scheduling system allowing potential clients to book professional services such as gym sessions and medical appointments, and an “En Route Social Travel App” which allows users to create and share trips with families and friends. There is also an impressive new app - the “Finder Android” - a tool which locates your Android mobile phone using GPS technology plus many more projects that our ICT students have completed this year.
A Weltec release
Bank officials proclaim themselves “stoked” by disappearance of depositor protection.
In a remarkable display of modern financial marketing presentation techniques the cancellation of Kiwbank’s deposit guarantee is being portrayed as an advantage for........Kiwibank’s depositors.
The 14 year old deposit insurance scheme will disappear on February 28 next year.
The deposit guarantee was always an important selling proposition for Kiwibank. The reason is that other New Zealand bank deposits are not guaranteed by anyone and certainly not the government.
Kiwibank marketeers are slickly presenting the pending disappearance of the bank deposit guarantee as an example of the bank maturing and generally coming of age.“This reflects how far Kiwibank has come.......We are now a successful and profitable bank...so a guarantee to give customers confidence in a brand new bank is no longer needed.”
The grounds for seeking to convert what is in customer terms is a negative into giving the appearance of a full-fledged advantage attribute is based on the investment in the bank by the New Zealand Super Fund and Accident Compensation Corporation.
“It means the profits Kiwibank delivers will continue to stay in New Zealand directly benefitting all Kiwis.”
Exulting in this somewhat nebulous benefit the letter to depositors (pictured) devolves into street-language in order to express the full measure of its own enthusiasm for the disappearance of the deposit guarantee scheme. “....So we are absolutely stoked,” declares in his letter to depositors Mark Wilkshire the Kiwibank marketing head.
In the event the investment in the publicly-owned bank has merely diversified. The underpinning is now spread around additional public bodies in the form of the Super Fund and Accident Compensation.
It is not immediately apparent how this public risk-spread will reinforce the retention of profits within New Zealand.
The deftly presented transformation of a marketing drawback, the withdrawal of the guarantee, into a customer benefit underlines though the continuing and misplaced belief that all bank deposits in New Zealand are somehow guaranteed. This continues in spite of assertions, notably from the Reserve Bank, that no guarantee exists.
However the government-sponsored and multi-faceted and attenuated bailing out of the BNZ after the 1987 bust greatly contributed to reinforcing this misapprehension to the effect that all banks, notably the trading banks are covered by a guarantee.
In the event, the publicly-owned Kiwibank was the exception in that its deposits were, and until February 28 will continue to be, underwritten by the state.
From the MSCNewsWire reporters desk - Monday 7 November 2016
Bank officials proclaim themselves “stoked” by disappearance of depositor protection.
In a remarkable display of modern financial marketing presentation techniques the cancellation of Kiwbank’s deposit guarantee is being portrayed as an advantage for........Kiwibank’s depositors.
The 14 year old deposit insurance scheme will disappear on February 28 next year.
The deposit guarantee was always an important selling proposition for Kiwibank. The reason is that other New Zealand bank deposits are not guaranteed by anyone and certainly not the government.
Kiwibank marketeers are slickly presenting the pending disappearance of the bank deposit guarantee as an example of the bank maturing and generally coming of age.“This reflects how far Kiwibank has come.......We are now a successful and profitable bank...so a guarantee to give customers confidence in a brand new bank is no longer needed.”
The grounds for seeking to convert what is in customer terms is a negative into giving the appearance of a full-fledged advantage attribute is based on the investment in the bank by the New Zealand Super Fund and Accident Compensation Corporation.
“It means the profits Kiwibank delivers will continue to stay in New Zealand directly benefitting all Kiwis.”
Exulting in this somewhat nebulous benefit the letter to depositors (pictured) devolves into street-language in order to express the full measure of its own enthusiasm for the disappearance of the deposit guarantee scheme. “....So we are absolutely stoked,” declares in his letter to depositors Mark Wilkshire the Kiwibank marketing head.
In the event the investment in the publicly-owned bank has merely diversified. The underpinning is now spread around additional public bodies in the form of the Super Fund and Accident Compensation.
It is not immediately apparent how this public risk-spread will reinforce the retention of profits within New Zealand.
The deftly presented transformation of a marketing drawback, the withdrawal of the guarantee, into a customer benefit underlines though the continuing and misplaced belief that all bank deposits in New Zealand are somehow guaranteed. This continues in spite of assertions, notably from the Reserve Bank, that no guarantee exists.
However the government-sponsored and multi-faceted and attenuated bailing out of the BNZ after the 1987 bust greatly contributed to reinforcing this misapprehension to the effect that all banks, notably the trading banks are covered by a guarantee.
In the event, the publicly-owned Kiwibank was the exception in that its deposits were, and until February 28 will continue to be, underwritten by the state.
From the MSCNewsWire reporters desk - Monday 7 November 2016
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during October 2016, shows total sales in September 2016 decreased 6.72% (year on year export sales decreased by 11.72% with domestic sales increasing by 17.12%) on September 2015.
In the 3 months to September, export sales decreased an average of 7.0%, and domestic sales increased 5.2% on average.
The NZMEA survey sample this month covered NZ$276m in annualised sales, with an export content of 78%.
Net confidence fell to -23, down from 22 in August.
The current performance index (a combination of profitability and cash flow) is at 94.3, down from 100.7 last month, the change index (capacity utilisation, staff levels, orders and inventories) was at 99, down from 101 in the last survey, and the forecast index (investment, sales, profitability and staff) is at 102.33, down on the last result of 109.2. Anything over 100 indicates expansion.
Constraints reported were 77% markets, 15% skilled staff and 8% capital.
There was no net reported productivity increase for September.
Staff numbers decreased 2.81% year on year in September.
Supervisors, tradespersons, managers, professional/scientists and operators/labourers reported a moderate shortage.
“Coming off the solid increase in export sales felt in August, year on year export sales in September moved back into negative, showing an 11.72% fall on sales in September 2015. This lead to an average monthly decrease of 7% of export sales in the three months to September – extending this out to over the last 12 months gives an average export sales growth of 0.8%.” Said Dieter Adam.
“The majority of manufacturing sales reported in September came from exports, at a reported 78% of total sales from respondents. September domestic sales in comparison to exports saw increases on the previous year. Domestic sales increased 17.12% on September 2015. This gave an average increase of 5.2% in the three months to September, and 3.7% over the last 12 months.
“Last month’s increase in confidence was reversed, with net confidence down to -23 in September. This was the first time net confidence has been negative since May 2015, and the lowest result since March 2014.
“The fall in confidence was accompanied by reductions in all three index measures. The performance index fell back into contraction at 94.3, the lowest level since March 2015. The forecast index fell back on the highs felt last month, but remained in expansion at 102.33, while the change index move down to 99, from 101 in August.
“These results in September do show some contrast with other measures, such as the PMI, which moved higher in September from August. Domestic sales are more consistent with the PMI. Some of the decline in exports we observed may be explained by lumpy sales month by month, but when paired with the lower confidence and index measures, it does suggest some challenges hitting export sales in September. The currency has fallen back from highs, but remains at a level where it is adding pressure on exporters and import competition manufacturers.” Said Dieter.
For results table and historical series, click here.
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