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Official Cash Rate unchanged at 1.75 percent

The Official Cash Rate (OCR) will remain at 1.75 percent for now. However, we are well positioned to manage change in either direction – up or down – as necessary.

  • Source RBNZ
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Old thinking for modern world, Government please explain

EMA is asking the coalition Government MPs to explain how the old world thinking of the proposed Employment Relations Amendment Bill will deliver the productive, high growth economy they say they want.

  • Source A EMA release
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Harry Hart builds new food group with Hubbards, Hansells & Gregg's unit

Harry Hart builds new food group with Hubbards, Hansells & Gregg's unit
Harrison Hart, the son of local billionaire Graeme Hart, is on his way to building a locally owned food empire with the purchases of Hubbard Foods, Hansell Food Group, and the Gregg's sauce unit.

  • This Release From MSCVoxPop
  • Source/ReadMore Sharechat
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Govt backtracks on plan to force apprentices on construction firms wanting migrant labour

The government has backtracked on a requirement for construction companies wanting to bring in extra foreign workers to have to take on apprentices too

  • Source/ReadMore Sharechat
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Air NZ ordered to pay A$15 mln for role in fixing cargo prices, security fees

Australia's Federal Court has ordered Air New Zealand to pay A$15 million for its role in a global air cargo cartel through the middle of last decade

  • Source/ReadMore Sharechat
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Serious Fraud Office and Reserve Bank investigating CBL Insurance matters

The Serious Fraud Office and Reserve Bank of New Zealand are each investigating matters relating to CBL Insurance and associated entities. The Reserve Bank is co-operating with the Serious Fraud Office investigation. The Reserve Bank is also co-operating with the Financial Markets Authority’s investigation relating to issues of market conduct and disclosure by CBL Corporation. No further comment on these investigations will be made at this time. Further reporting: ShareChat

  • Source A RBNZ release
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OCR should be cut to spur growth in productive economy

The Reserve Bank of New Zealand (RBNZ) should be seriously considering a cut in the Official Cash Rate (OCR) for tomorrow’s decisio

  • Source The Manufacturers' Network
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E tū awaits detail on migrant workers initiative

The construction union, E tū says it is awaiting the detail of plans to expedite the employment by local building firms, of skilled construction workers from overseas.

  • Source E tū
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Talisman gold project value more than doubles in updated study

The value of the Talisman gold mine project has more than doubled, according to the results of an updated pre-feasibility study, Auckland-based New Talisman Gold Mines said . . .

  • Source/ReadMore Sharechat
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Leon Clement announced as Synlait Milk’s new CEO

Synlait Milk (NZX: SML; ASX: SM1) is pleased to announce Leon Clement will join the organisation as Chief Executive Officer from mid-August.
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Reserve Bank digital currency – too early to say

A speech delivered yesterday by Reserve Bank Deputy Governor Geoff Bascand gives the Bank’s position on issuing an official digital currency, and the verdict, “not now”.

  • Source RBNZ
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NZ regional economic confidence edges up in June quarter

New Zealand's regional economic confidence rose marginally in the quarter ending June, with only six of the country's 11 regions showing an improvement over the previous quarter, as pessimism in Auckland grew and optimism cooled in three key dairy and oil . . .

  • Source/ReadMore Sharechat
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Page 45 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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