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Founded by Max Farndale 1947 - 2018
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Higher bank capital better for banking system and NZ

30 Nov: 1339  |  We can improve the soundness of the New Zealand banking system by requiring banks to hold more capital with no trade-off to efficiency, Reserve Bank Governor Adrian Orr says.

  • Source A RBNZ release
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Australasian Plastics Manufacturer to Build Its First U.S. Plant

 Pictured: Extra low-free monomer TDI prepolymers for the cast elastomer industry.
Era Polymers Corporation, an Australian manufacturer, also located in New Zealand, specializing in polyurethane chemistry, will open its first industrial facility in the United States, creating 20 new jobs in Gaston County, North Carolina. The company plans to create 20 new jobs in the town of Stanley, investing $9.2 million. The company, with headquarters in Sydney, Australia, produces a diverse line of polyurethane products and has a worldwide distribution network. The new manufacturing operation in Stanley, the first American plant for the company, will join four other production facilities operated by the company in Australia, New Zealand and South Africa.…

  • Source/ReadMore A Engineering.com release
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Canada: the ideal North American launchpad for your tech business

Canada: the ideal North American launchpad for your tech business
Canada is the ideal North American launchpad for your tech business suggests Nick Fleming / NZ Trade Commissioner and Consul General, Canada.

  • Source/ReadMore An NZTE release
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Wellington Drive's Innovative ECR2 Motor Hits The One Million Mark

Wellington Drive Technologies world-leading ECR2 motor has surpassed expectations, reaching one million units manufactured and sold in less than two years.

  • Source A WellingtonDrive release
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Commission proposes to authorise Tennex’s acquisition of San-i-Pak

The Commerce Commission has today released a draft determination proposing to grant authorisation to Tennex to acquire the assets of competing Canterbury-based waste firm San-i-Pak.

  • Source Commerce Commission
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Fletcher Building seeks clearance to acquire the business of Waikato Aggregates

29 Nov: 1029  |  The Commerce Commission has received a clearance application from Fletcher Building Limited (Fletcher Building) to acquire all the assets and employees of Waikato Aggregates Limited (Waikato Aggregates), including the right to extract and process sand from the Tamahere quarry. However, Waikato Aggregates will maintain ownership of the underlying land of the quarry.

  • Source Commerce Commission
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Fonterra releases its Sustainability Report 2018

29 Nov:  0935  |  Fonterra is pleased to share its second annual Sustainability Report covering how the Co-operative is progressing towards its environmental, social and economic goals.
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Huawei a ‘trojan horse’ aimed at an achilles heel

  Chinese premier Li keqiang's welcome at Premier House. New Zealand's hawkish stance on Huawei could be problematic for our relationship with China. Photo: Supplied
The GCSB's decision on Huawei technology could be a problem for New Zealand given our junior place in the Five Eyes alliance, writes Thomas Coughlan for Newsroom.

  • Source/ReadMore A Newsroom release by Thomas Coughlan
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Impressive result applauded by shareholders

Synlait Milk’s (NZX: SML; ASX: SM1) Annual Meeting of Shareholders today celebrated the near doubling of profit in the company’s tenth year of operations. Synlait also used the opportunity to shape the next ten years by launching a new corporate brand identity and purpose statement.

  • Source A Synlait release
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New Zealand employees given insufficient support to act ethically, survey reveals

Only 29% of New Zealand employees surveyed by the Institute of Business Ethics (IBE), in association with Victoria University of Wellington, say their organisation has a comprehensive ethics programme, while 10% say their organisation has none at all.

  • Source A Victoria University Release
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Public lecture probes health of financial system regulation

If the Lehman Brothers’ bankruptcy happened today, would the financial system still be at risk?

  • Source A Victoria University Release
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Chamber supports changes to Employment Relations Bill

28 Nov: 0923  |  The Canterbury Employers’ Chamber of Commerce supports the recently announced changes to the Employment Relations Amendment Bill, but chief executive Leeann Watson says there are still some areas of concern that need to be addressed.

  • Source Canterbury Employers Chamber of Commerce release
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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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