US to share more tax information about multinationals with New Zealand   Inland Revenue will receive more information about US multinationals operating in New Zealand following the signing of a new bilateral arrangement with the US Internal Revenue Service to share country-by-country reports. Revenue Minister Judith Collins says this is great news as it means Inland Revenue will have better information about how multinationals allocate profits from their operations here. “This will further enhance Inland Revenue’s risk assessment processes to make sure that the right amount of tax is being paid,” she says. The arrangement will see country-by-country reports exchanged…

      UK Women in Engineering Day goes international   Full PACER Plus details released show benefits to NZ and Pacific   NZ business confidence rises in May, along with expectations for profit, pricing and inflation   Auckland University gets share of $215m investment deal for commercialisation   Global GPS tracker latest venture from social entrepreneur Derek Handley   New Zealand Energy Corp announces Q1 2017 Results and details of AGM   Tiwai Point smelter profit more than halves in 2016

  It was the day - Rocket Lab successfully makes it to space  Live: Election year Budget from Steven Joyce   Will today be the day for Rocket Lab launching?  Heavy fog blankets Auckland, flights cancelled  $6.50 milk price hailed   Trade balance beats market expectations   Day 2 of SouthMACH17 today - doors open 0900

  Mahia rocket launch could save the 'dying' town   NZTE Export News  Buckley Systems appoints executives  Dunne Speaks: What to do about fresh water exports? Tech crucial to NZ’s future – manifesto   Apple goes all-out against Android NZ trade minister Todd McClay scores early invitation from US counterpart    Is today the day for Rocket Lab?   The new SECO website  Emirates Team New Zealand: Red With Revenge   New Zealand consults on new HFC phase-down plan

Kaynemaile wins at NYCxDesign Awards for best Architectural Product New Zealand company Kaynemaile has won Best Architectural Product at the NYCxDesign Awards announced today. Link to NYCxDesign Award finalists Kayne Horsham, inventor of Kaynemaile, a revolutionary polycarbonate architectural mesh for building exteriors and interiors, accepted the award at New York’s Museum of Modern Art. In 2007 Horsham patented an award-winning technology that creates interlocked seamless mesh rings without any joins or gaps. Horsham began experimenting with the mesh while working as an Artistic Director of Creatures, Armor and Weapons at Weta Workshop. He worked closely with director Peter Jackson for…

 NZ log prices advance in 'humming' forestry sector, AgriHQ says   At 1:43pm today Kiwis finally stop working for the government   Company and director fined for incident that left a man a tetraplegic   Rocket Lab countdown: High winds delay launch   Fletcher Building snaps up roofing firm,   Portable operating theatres key for NZ hospitals     Tax cuts high on business wish list   Total lifetime tax bill for the average NZ household $1.48 million   Major leadership reshuffle at Linfox   Large blaze at steel factory in Otahuhu caused by car shredder   Wellington firm taking…

A range of New Zealand food and beverage (F&B) brands showcased their products Regent Singapore Hotel yesterday, as part of a strategy to gain a foothold in the regional market,  allowing local chefs, buyers and other industry professionals to taste Kiwi treats such as wine and beer, honey, ice cream and lamb, and to interact with key producers. About half of the 20 exhibitors at the trade show organised by New Zealand Trade and Enterprise featured young brands looking to expand into Singapore and the region. The remaining exhibitors, such as New Zealand Natural and Moa Brewing Company, are already…

  Infratil goes better than expectations   Students encouraged to try apprenticeship before a university degree   Tony Alexander's Overview

Ξ   NZManufacturer May 2017 Issue Ξ   Cadbury expands Hobart factory Ξ   Multiple complaints against engineering firm Ξ   Rakon full-year loss widens on 16% sales drop, impairment of Indian JV Ξ   Ngati Whatua wants to buy Ports of Auckland Ξ   Joyce's rocket: taxpayers should be allowed to see what they paid for Ξ   PM meets with Japanese PM Shinzo Abe Ξ   KiwiRail purchases Kaitaki Ξ  Stamps pick up print award

Ξ   Fairton plant to close as Silver Fern downsizes capacity to keep pace with falling sheep numbers Ξ   Fonterra reopens Malaysia dairy plant after $7 million upgrade Ξ   Company to close factory doors for new focus Ξ   More students looking to apprenticeships as placements increase Ξ   Phil Goff coy about privatisation of Ports of Auckland Ξ   Thermo Fisher Extends Binge With $5.2 Billion Patheon Deal Ξ   Dunedin tech company Timely has been named emerging company of the year in the NZ Hi-Tech Awards. Ξ   Methven shares tumble 10.5%

Ξ   Top goes on Wellington's new airport control tower Ξ   Government announces plans to build 34,000 homes in Auckland Ξ   Latest Water Accord update shows good environmental progress by farmers Ξ   Methven shares drop to 15-month low on profit warning Ξ   China's One Belt One Road plan explained Ξ   Urgent systems outage at Lyttelton Port Ξ   A Dunedin contract manufacturer scores contract with Artemis Ξ   Major leadership reshuffle at Linfox