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Taxpayer Hero: Hon Dr Megan Woods

Apr 19: The eradication of Callaghan Innovation’s controversial Growth Grants in favour of a rules-based R&D tax incentive is a major victory for taxpayers, says the New Zealand Taxpayers’ Union.
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NZ government proposes 12.5% R&D tax incentive

DR Megan Woods on the factory floor
The New Zealand government has proposed phasing out the Growth Grant administered by Callaghan Innovation and introducing a 12.5 percent research and development tax incentive in a discussion document released today.
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Te Papa digital chief one of 15 women in top group

Edwina Mistry
Te Papa Tongarewa museum’s first chief digital officer Melissa Firth, who built a digital team almost from scratch, has been named among the top 100 CIOs in New Zealand for 2018.
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How NZ businesses aim to future-proof their fleets with EVs

How NZ businesses aim to future-proof their fleets with EVs
With a global commitment towards minimising carbon emissions, New Zealand businesses are increasingly embracing more sustainable transport options to get their employees from A to B.
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Fletcher unveils $1.25B refinancing plan amid talks over lending breach with US noteholders

Apr 17 - Fletcher Building has unveiled a $1.25 billion refinancing plan to strengthen its balance sheet after extending talks with US noteholders over a breach of its lending conditions
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Fletcher to raise $750M selling shares at deep discount, sell Formica, roof tiles business

Apr 17 - Fletcher Building plans to raise $750 million in an underwritten offer to shareholders at a deep discount and sell its Formica and steel roof tile businesses, strengthening its balance sheet and gaining support from its banking syndicate after a breach of . . .
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A2 shares rise as new distribution deal opens up South Korean market

Apr 16 -   A2 Milk Co has signed an exclusive distribution deal with Yuhan Corp in South Korea, more than a decade after an earlier foray into that country which ended in litigation. The milk marketing firm's shares rose 1.3 percent
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Comvita advises of possible takeover; poor honey harvest to hit earnings

Apr 16 - Comvita, the NZX-listed manuka honey company, foreshadowed that it may be the subject of a takeover, with an unidentified third party currently undertaking due diligence to assess the business
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Ellerston Capital, with interest in 5.1% Fletcher stake, sees builder as a turnaround story

Apr 16 - Ellerston Capital's interest in Fletcher Building has topped 5.1 percent, requiring the Australian fund manager to make a statement to the ASX and NZX but its interest in the beat-up construction and building materials company has been no secret
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Chamber calls for new, innovative thinking in CCC LTP

Apr 16 -  The Christchurch City Council needs to genuinely investigate new ways to raise revenue and manage assets and infrastructure to deliver a vibrant, prosperous and sustainable 21st century city, says Canterbury Employers’ Chamber of Commerce CEO Leeann Watson.
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Roger J Kerr sees a deteriorating New Zealand economic outlook, partly because of policies being implemented by the new Government

Apr 16 -  For the first time in a number of years, the outlook for the NZ economy is not as positive as it has been previously. In October last year, our deputy Prime Minister Winston Peters boldly predicted that the economy was about to fall into an abyss due to the policies of the prior National government. He was very wrong off course, as high export commodity prices have kept the economy ticking along at a robust clip over the intervening period. However, today due to widespread uncertainty in the business community about the impact on the economy from…
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Commerce Commission set to grow teeth

Commerce Minister Kris Faafoi's bill will give the Commerce Commission greater powers.
The Commerce Commission is set for a shake-up with a new law that would give it new powers to protect consumers from anti-competitive practices.
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Page 59 of 85

Palace of the Alhambra Spain

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

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

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

Henry@HeritageArtNZ.com

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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