New Zealand's two big meat co-ops, Silver Fern Farms and Alliance Group have both had new CEOs at the helm for the past two years, each charged with improving returns to their farmer-shareholders. Dean Hamilton and David Surveyor talked to Tony Benny from NZFarmer
Continue here to full article || April 27, 2017 |||
Transport Minister Simon Bridges has today announced appointments and reappointments to the Boards of Maritime New Zealand (MNZ), the New Zealand Transport Agency (NZTA) and the Civil Aviation Authority (CAA).
Mr Bridges has reappointed Peter Cowper to the Board of MNZ. He has been a member since May 2011.
“Mr Cowper’s reappointment will provide Board continuity, as he continues to contribute his extensive commercial and leadership skills,” Mr Bridges says.
MNZ is a Crown entity whose primary function is to ensure the safety, security and environmental protection of New Zealand’s coastal and inland waterways. Its Board has five members.
Mr Bridges has also appointed two new members to the Board of the NZTA - former Mayor of Queenstown, Vanessa van Uden and professional director Mark Darrow.
“Ms van Uden brings a new perspective, along with her local government experience.
“Mr Darrow has wide-ranging governance experience, and Chairs the Audit and Risk Committee for the Counties Manukau District Health Board. His appointment brings extensive transport knowledge and an injection of fresh energy to the NZTA’s Board,” Mr Bridges says.
In addition, Mr Bridges has reappointed Adrienne Young-Cooper who has been a member of the NZTA Board since August 2011, and is a member of its Investment and Operations Committee. Ms Young-Cooper’s reappointment provides continuity, as well as strong governance.
NZTA is a Crown entity whose primary role is to contribute to an effective, efficient, and safe land transport system in the public interest. Its Board has eight members.
Mr Bridges has appointed experienced lawyer, Anna Adams and reappointed Grant Lilly, to the Board of the CAA.
“Ms Adams brings experience in public law and regulatory systems. She is also the Board Chair of law firm, Meredith Connell. Her appointment will provide a new perspective for the CAA,” Mr Bridges says.
Mr Lilly has a strong aviation background after 40 years’ experience in the aviation sector. His reappointment will provide continuity to the Board. He has been on the CAA Board since 2011.
The CAA is a Crown entity whose primary function is to regulate and promote an integrated, safe, responsive and sustainable civil aviation system. The CAA Board has five members.
| A beehive release || April 26, 2017 |||
Air New Zealand has taken out the number one spot in AMR’s 2017 Corporate Reputation Index in both Australia and New Zealand. This is the first time in the airline’s history the airline has been named as the most reputable company in Australia and the second year in a row the company has taken out the top position in New Zealand.
In Australia, Air New Zealand has moved from sixth place in 2016 to take the number one spot ahead of Australia’s own national carriers Qantas and Virgin Australia which indexed in fifth and 16th place respectively and other big corporates such as Toyota, Apple Australia, Myer and Woolworths. In New Zealand, Air New Zealand topped companies such as Toyota, ASB and The Warehouse.
Air New Zealand Chief Executive Officer Christopher Luxon says it’s fantastic Air New Zealand not only has the number one reputation in New Zealand but has taken out the top spot in Australia for the first time.
“The results are testament to all the hard work of Air New Zealand staff who over the past decade have helped build an enviable reputation for the airline globally by delivering our uniquely Kiwi award-winning experience.
“Despite being a relatively small airline in global terms, Air New Zealand continues to punch above its weight by taking great ideas and turning these into world leading product and service offerings that enhance the customer experience.
“In Australia this includes the likes of our ‘Better Way to Fly’ campaign featuring well known Australian actor Bryan Brown as the voice of Dave the Goose encouraging Australians to choose Air New Zealand for travel to North and South America and our 2015 safety video ‘Surfing Safari’ which starred the Australian surfing legend Mick Fanning.
“It’s clear Australians love the Air New Zealand products and services and we’re thrilled to be held in such high regard on both sides of the Tasman.”
| An Air New Zealand release \\ April 26, 2017 |||
Deputy Governor Geoff Bascand has been appointed Head of Financial Stability and Deputy Chief Executive of the Reserve Bank, Governor Graeme Wheeler and Acting Governor-designate Grant Spencer announced today.
Mr Bascand will take up the role on 27 September, replacing Mr Spencer, who will be Acting Governor for six months from that date, after Mr Wheeler’s term as Governor ends.
Mr Bascand is currently a Deputy Governor and the Bank’s Head of Operations. Prior to joining the Bank in 2013, he was Government Statistician and Chief Executive, Statistics New Zealand. He previously worked in senior management roles in the Department of Labour and the New Zealand Treasury, and was a staff economist at the International Monetary Fund.
"Geoff brings considerable leadership experience, economics and public policy background to the role. Through his participation in the Bank’s Governing Committee, financial policy committees, and chairing of the Bank’s Assets and Liabilities Committee, Geoff is very familiar with the Bank’s work programmes and policy issues in the area of Financial Stability,” Mr Wheeler said.
A search firm has been appointed to undertake a search for the Head of Operations position, which will be at Assistant Governor level, and the role will be advertised in May. The Reserve Bank Board of Directors’ recruitment process to identify a successor to Mr Wheeler is to commence later in the year.
| A RBNZ release || April 26, 2017 |||
Experts from New Zealand and around the world will attend the New Zealand Society for Earthquake Engineering’s annual technical conference in Wellington this week.
Conference convenor Dr David Whittaker says about 500 earthquake engineers and scientists will meet to exchange knowledge on a range of topics, including the impacts of the Kaikoura Earthquake and how to make building structures more resilient to large earthquakes.
Dr Whittaker says around 100 international delegates will present papers and updates from the United States, Japan, China, Taiwan and Turkey.
NZSEE President Peter Smith says the conference is a chance to share the latest thinking about seismic isolation and other technologies to protect buildings from earthquakes.
“Following the Kaikoura Earthquake, the community is asking important questions of earthquake engineers about seismic risk, adequacy of codes and seismic resilience.
“At the conference, engineers will be sharing what we have learned and listening to what overseas experience can teach us, as we work towards better seismic resilience in our buildings and infrastructure.
This conference is being held jointly with the Anti-Seismic Systems International Society’s (ASSISi) 15th World Conference on Seismic Isolation.
The conference runs from Thursday 27 April to Saturday 29 April.
| An IPENZ release || April 26, 2017 |||
New Zealand is funding a five-year $5.4 million project to help Vietnam reduce dam-related flooding on the Ca River.
New Zealand is funding a five-year project to reduce dam-related flooding in Vietnam.
The two countries have launched a $5.4 million initiative focusing on the 1000km Ca River.
The aim is to halve the death toll from flooding on the river and reduce associated economic losses by 30 per cent by 2021.
Foreign Minister Murray McCully says New Zealand will be sharing its expertise in water engineering and natural hazard management.
Issues include effective assessment of dams most in need of repair, coordination between dam owners and communities, and upgrading the training for future water managers.
Vietnam has more than 7000 dams and over the past 10 years there have been 43 unplanned water releases or dam failures.
| A Beehive release || April 26, 2017 |||
If the UK adopts a 'New Zealand trade model' to source more affordable deals for its consumers, it could have a profound effect on olive oil exporters that have faced hurdles when exporting to EU countries.
At the end of March, UK Minister Theresa May officially triggered Article 50 of the Treaty of Lisbon, setting in motion the two-year negotiation process of Britain leaving the European Union – or as it’s more commonly referred to, Brexit.
The move signals a fundamental change in the way the EU and Britain will conduct trade now and in the future. Not only will this affect trade agreements between the UK and the EU (allowing the UK to freely sell goods to EU countries without incurring additional import taxes), but it’s also set to have a massive impact on food imports which could create new trade opportunities for olive oil producers and exporters located outside of the EU.
The UK currently has a strong reliance on food imports, with an estimated 27 percent of all food eaten in the UK (by value) and 40 percent of all fresh produce coming from the EU. In total, 2016 saw £47.5 billion ($60.8 billion) in food and agricultural products being imported into the UK, of which over 70 percent came from the EU. It’s a need that the UK itself cannot support, with just 164,000 of crop-growing land.
Thanks to Brexit, it is estimated that the prices for imported goods will rise by at least eight percent, with prices for items like olive oil expected to rise by up to 20 percent due to the fact that producers in countries like Italy and Greece have been experiencing poor harvests over the past few months. This price increase is unlikely to change despite any new trade deals brokered between the EU and the UK, thanks to the costly, increased border and customs controls that Brexit will require.
Dutch multinational food and agriculture finance banking company Rabobank has suggested that a solution might be found in the UK adopting a “New Zealand-style trade model,” which would see the elimination of food import tariffs altogether, opening the market to exporters outside of Europe who can offer UK customers similar products at a more favorable price.
One of the import areas where this could occur is olive oil, with UK MP and Prime Minister’s trade envoy to Morocco and Tunisia Andrew Murrison even suggesting that smaller countries with an export capacity (such as Tunisia) could be the key to a more readily available, competitively priced source of olive oil for UK consumers.
In recent years, Tunisia has outstripped several European countries in olive oil production and while the EU currently has waived taxes on up to 35,000 tons of olive oil imports until the end of the year, it is a move that that has not been well received by European farmers, many of whom fear that introducing a cheaper olive oil source into the EU market will undercut local producers.
If the UK does decide to open adopt a more free market approach, it could pose bad news to EU olive oil exporters, who will lose their preferential access to UK buyers via a single market.
Other olive oil producing countries such as Australia might also be able to benefit from Brexit, where farmers have previously complained that the stringent labeling and marketing requirements for exporting olive oil (as well as the subsidization and tariff protection of European goods) make selling to EU markets a significant challenge.
| An Olive Times release || April 25, 2017 |||
Immigration Minister Michael Woodhouse is taking steps to improve Immigration New Zealand’s decision making authority for cases involving residence class visa holders convicted of a criminal offence.
“Currently, Immigration NZ has the ability to make decisions on behalf of the Minister on deportation cases for some residence class visa holders convicted of a criminal offence,” Mr Woodhouse says.
“I have made my expectations very clear when it comes to deportation decisions involving offending of this nature and those expectations are not being met. So I am temporarily suspending Immigration NZ’s decision making authority until I have confidence that the decisions being made are consistent with my expectations.
“This course of action follows today’s New Zealand Herald article regarding an individual whose liability for deportation was suspended, despite the severity of the offending.
“It’s important we take the time to review the decision making process to ensure the right decisions are being made.
“I expect to be able to return the decision making authority to Immigration NZ within a fortnight, provided I can be assured the decision making process aligns with my expectations.”
| A beehive release || April 24, 2017 |||
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