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The Reserve Bank has appointed Susan Paterson and William Rolleston as part-time advisors to the Bank on monetary policy.

Apr 13 - They will provide advice to the Reserve Bank's Governing Committee leading up to setting the Official Cash Rate. The new appointees start their roles with the May Monetary Policy Statement.
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Evolution in inflation targeting

Apr 12 - New Zealand’s inflation targeting framework has evolved significantly over the past 30 years, Reserve Bank Assistant Governor and Head of Economics John McDermott said in a speech today.
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Kiwis should be able to choose to make work better together

Apr 11 - The Council of Trade Unions today presented to the Education and Workforce Select Committee on the Employment Relations Amendment Bill, in support of giving New Zealanders back the ability to improve workplaces together. CTU President Richard Wagstaff said that the proposed legal reforms repaired and protected the freedom of working Kiwis to choose to join in unions if they wished.
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Australia's Longreach Oil inks deal to buy fledgling NZ dairy company to resume ASX trading

Apr 11 - Australia's Longreach Oil has agreed to a buy a New Zealand company which plans to develop a dairy factory in Otorohanga, as it seeks to bolster its investment portfolio and resume trading on the ASX.
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Speirs sells stake in Rosa Foods for 'modest premium' to $714,000 book value

Apr 11, -  Speirs Group, the fresh food processing business founded by the Speirs family, sold the 40 percent stake in Rosa Foods it has owned for the past decade at a "modest premium" to its $714,000 carrying value, saying there were limited ongoing synergy benefit Continue here to the full release  |  ||  April 11, 2018   |||    
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Tainui, Ngai Tahu get $35.3M top-up over disputed calculation of relativity mechanism

Apr 10 -  Iwi heavyweights Waikato-Tainui and Ngai Tahu have received a $35.3 million top-up after disputing the way the Crown valued settlements when the payouts breached the $1 billion fiscal envelope six years ago
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Auckland screen industry powers up

Apr 10 - New Zealand film production revenue increased 15 percent to $1.1 billion in 2017, Stats NZ said today. Auckland’s film sector led this growth in 2017; however, Wellington still remains the main player in film production. “New Zealand’s largest city is becoming a filming destination,” business performance manager Laura O’Leary said. “Auckland’s film production revenue was estimated at $489 million in 2017 – increasing 37 percent from 2016. The number of businesses involved in the screen industry in Auckland grew 9 percent in 2017.” While Wellington’s film production revenue decreased slightly from 2016, it is still the main…
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Kiwis launch the “Trivago for moving” in Australia

Kiwis launch the “Trivago for moving” in Australia
A Kiwi company taking the stress out of moving is about to make a move of its own by launching its new platform, dubbed the “Trivago for moving,” across the ditch.
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NZ businesses remain pessimistic in first quarter as worries over govt persist: NZIER

Apr 09 - New Zealand businesses remained pessimistic about the country's economic fortunes in the March quarter as negative sentiment following the change in government continued into the new year and as profitability remains weak
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Holden Marketing Boss Suddenly Leaves Company

Apr 10 -  Another shakeup has hit Holden. The brand’s chief marketer, Mark Harland, suddenly left the company on Monday after just 16 months on the job.
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Ingram Micro expands NZ ruggedised device deal to Australia

Apr 10 -  The expansion into Australia has seen the NZ company appoint a Sydney-based service agent, with more staff to follow
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New graduate pathway on offer for māori and pasifika students

Apr 10 -  Fonterra is teaming up with non-profit group TupuToa on a new internship programme for Māori and Pasifika graduates.
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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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