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ContainerCo (NZL) is weighing up options to fund "significant growth opportunities" to beef up the container depot operator's level of automated equipment and potentially see it expand overseas.
The Auckland-based company hired investment bank Cameron Partners to advise on its options and spent $377,402 on initial public offering related costs in the year ended March 31, its annual report says. Since the March 31 balance date, ContainerCo has "commenced preparatory work to raise additional capital and list on the NXT board of the New Zealand Stock Exchange," it said.
The Canterbury tech summit to be held in Christchurch on Thursday is already a sell-out which is not surprising considering the rapidly increasing interest and investment in all things technology, Muller says.
“Technology is growing at a staggering pace around New Zealand which now has about 29,000 tech firms, contributing $16.2 billion to gross domestic product, $6.3 billion in exports and employing almost 100,000 Kiwis,” Muller says.
“Technology is New Zealand’s fastest growing and third largest export sector. Christchurch now has its own vibrant tech sector. It is one of New Zealand’s top regions for IT businesses. Christchurch companies include the listed SLI Systems, Diligent Board Books and Wynyard, as well as global niche players such as Tait, Trimble and Dynamic Controls.
“The Canterbury Tech Cluster is playing a big part in helping technology growth in South Island’s biggest city and they have done a great job in organising the big tech summit this week. The timing is right for Canterbury to step up as a leader in NZ tech sector growth.
“With rebuild activities at a turning point, a strong regional tech network and a clearly defined strategy for the Christchurch tech sector, the Canterbury tech community is in a healthy position to help strengthen the nation’s tech sector growth.
“The Canterbury tech sector contributes $2.4 billion worth of GDP and 14,837 jobs to the local economy and combines grassroots organisations with large technology companies to produce some of the best innovations in New Zealand.
“Technology impacts almost every aspect of our lives and is a very competitive global market. Growth of the Canterbury tech sector is important but it is equally as important for all regions to work together and share knowledge to help grow the nation’s economy.”
Physically New Zealand’s biggest region, Canterbury has a large agricultural sector and is experiencing growth in the precision agriculture sector. NZTech is supporting the Canterbury-based Precision Agriculture Association of New Zealand grow its members.
For further information contact New Zealand Technology Industry Association chief executive Graeme Muller on 021 02520767 or Make Lemonade media specialist Kip Brook on 0275 030188
Retired Court of Appeal judge, the Honourable Lyn Stevens QC, will chair an independent inquiry into the Havelock North water supply contamination incident, Attorney-General Christopher Finlayson announced yesterday.
Justice Stevens will be joined on the panel by NZQA CEO and former Director-General of Health, Dr Karen Poutasi CNZM, and local government and engineering expert, Anthony Wilson.
“The members of the inquiry panel have the extensive legal, public health, local government and water management expertise required to conduct an inquiry of this nature,” said Mr Finlayson.
The Inquiry will commence this week and report back by 31 March 2017. Under the final terms of reference, the Inquiry will focus on:
Retired Court of Appeal judge, the Honourable Lyn Stevens QC, will chair an independent inquiry into the Havelock North water supply contamination incident, Attorney-General Christopher Finlayson announced yesterday.
Justice Stevens will be joined on the panel by NZQA CEO and former Director-General of Health, Dr Karen Poutasi CNZM, and local government and engineering expert, Anthony Wilson.
“The members of the inquiry panel have the extensive legal, public health, local government and water management expertise required to conduct an inquiry of this nature,” said Mr Finlayson.
The Inquiry will commence this week and report back by 31 March 2017. Under the final terms of reference, the Inquiry will focus on:
It will also consider any necessary changes to prevent or minimise similar incidents in the future.
The Inquiry will conduct an initial sitting in the Hawke’s Bay in the coming weeks.
Biographical details of panel members
The Honourable Lyn Stevens QCJustice Stevens is a retired Court of Appeal judge, now based in Auckland. He has had a long and distinguished legal career. In addition to serving on the bench, he was the Crown Prosecutor and Partner at Auckland law firm Meredith Connell & Co, and a Partner at Russell McVeagh McKenzie Bartleet & Co. Justice Stevens was appointed Queen’s Counsel in 1997 and holds a range of professional memberships. He was previously a member of the International Bar Association.
Dr Karen Poutasi CNZMDr Poutasi served as the Director-General of Health and has worked in senior management roles across the health sector. She is currently the Chief Executive of the New Zealand Qualifications Authority. She has been a Director of The Network For Learning Limited since 2 July 2014. She is the Chair of Basketball New Zealand and the New Zealand Committee for Harkness Fellowships. She received a Companion of the New Zealand Order of Merit (CNZM) for services to health in 2006. Dr Poutasi also holds management qualifications from both the University of Otago and Harvard. She is a medical graduate specialising in public health and will bring significant public health expertise to the inquiry.
Anthony WilsonMr Wilson is currently City Engineer at the Wellington City Council, Chief Engineer for the Let’s Get Wellington Moving Alliance and alternate Group Controller for the Wellington Civil Defence and Emergency Management Group. He has extensive experience in municipal infrastructure, both in New Zealand and overseas, and has held responsibility for multibillion dollar asset portfolios, including essential and public services. He is a recognised leader in strategic asset management and has led the New Zealand water sector in the development of best practice. Mr Wilson is a past president of both the Institution of Professional Engineers New Zealand and Water New Zealand. He holds professional qualifications and memberships in the engineering and infrastructure management fields from New Zealand, Australia and the United Kingdom. Mr Wilson will bring essential skills of senior local government management, governance and engineering expertise in water care to the Inquiry membership.Related Documents
Terms of Reference for the Government Inquiry into Havelock North Drinking-Water.pdf (pdf 373.79 KB)
One of Auckland’s very few women yacht brokers is reporting a big surge in recreational boating in Auckland – and is expanding her business in the city by linking with a southern broker to help meet the demand for both new and used boats.
Janis Marler and partner Blair Harkness of City of Sails Marine Brokers have been appointed Northern Sales Representatives for South Island based NZ Boat Sales, offering the full range of new Aquila cruising catamarans, as well as Seawind, Outremer, Corsair and Overblue power and sail catamarans.
“This is a very exciting new development for both the Auckland and New Zealand luxury boat market. Now we can offer from our Auckland base an impressive range of luxury cruising catamarans that are also perfectly designed for entertaining.
“We’re looking forward to a great summer, and we’ll be at this year’s On Water Boat Show aboard the brand new 13.32 metre luxury power catamaran Aquila, which is the first example of the Aquila range of catamarans to be brought into the country by NZ Boat Sales and Australian partners Multihull Central,” says Janis. The show runs from September 29 to October 2 in the Viaduct Harbour.
The Aquila 44 recently turned lots of heads at the Sydney Boat Show and is certain to do the same in New Zealand. She arrived in Auckland by freighter early in September and has been readied for the boat show.
The Aquila 44 features an unusual yet very modern, efficient hull design and is the ultimate in cruising style and luxury. “The Aquila range will be very popular with those wanting the additional space, stability, layout and comfort. They’ll catch the eye of cruisers, wine buffs and gourmet cooks alike, and will bring a new meaning to the term ‘dream boat’ for those who take their fun seriously this summer,” says Janis.
Janis and Blair and their son Jay Harkness have together sold a very wide range of recreational yachts and launches to sailors from throughout New Zealand and overseas. All the team members have long experience in owning and sailing boats, as well as in marketing, communications, selling, and yachting journalism. Janis’ connections with boating extend over three generations – as well as through family ownership of a number of traditional and modern sail and power boats.
Source: NZ Boat Sales
The CPMA (Consumer Packaging Manufacturers Alliance) warns of soft drinks plain packs following NZ report.
The organisation has voiced its concern over potential plain packaging of soft drinks in New Zealand following the results of a study by the University of Auckland that suggested plain packaging and graphic warning labels could potentially reduce soft drink consumption amongst young people.
A team of researchers surveyed 600 young people, aged 13-24, online to find out what impact plain packaging and warning labels would have on their buying habits. It found that plain packaging and warning labels had a bigger impact than price on whether or not a young person would buy a particular soft drink.
Research leader Dr Cliona Ni Mhurchu said branding was a major factor in their decision making.
Dairy organizations in the United States, Australia, the European Union, Mexico and New Zealand today issued a joint letter to their respective trade and agriculture officials, expressing indignation about Canada's recent actions to deepen its already prohibitive restrictions on dairy trade.
The groups said Canada's increasingly protectionist policies violate "international trade obligations, hold out the prospect of trade diversion with attendant global price-depressing impacts and are in conflict with the principles of free markets and fair and transparent trade."
Ask Trading Partners to Join WTO Dispute Proceedings
WASHINGTON, Sept. 12, 2016 /PRNewswire-USNewswire/ -- Dairy organizations in the United States, Australia, the European Union, Mexico and New Zealand today issued a joint letter to their respective trade and agriculture officials, expressing indignation about Canada's recent actions to deepen its already prohibitive restrictions on dairy trade.
The groups said Canada's increasingly protectionist policies violate "international trade obligations, hold out the prospect of trade diversion with attendant global price-depressing impacts and are in conflict with the principles of free markets and fair and transparent trade."
The U.S. groups, including the National Milk Producers Federation, the U.S. Dairy Export Council and the International Dairy Foods Association, oppose a Canadian Agreement in Principle recently concluded between Canada's dairy producers and processors. The agreement, which is undergoing finalization and review in Canada, would provide an incentive to substitute Canadian dairy ingredients for imported dairy ingredients and would unfairly subsidize exports of Canadian dairy products. If ratified, the agreement would take effect November 1, 2016.
In addition to the three U.S. organizations, the other dairy groups are the Australian Dairy Industry Council, the European Dairy Association, the European Whey Products Association, the European Association of Dairy Trade, Mexico National Chamber of Industrial Milk and the Dairy Companies Association of New Zealand. Each of the dairy organizations asked officials in their respective countries to initiate a WTO dispute settlement proceeding to challenge the agreement once its details are announced.
In the letter sent jointly to U.S. Trade Representative Michael Froman and to the other government trade officials, the dairy organizations stated that the Agreement in Principle would breach Canada's trade obligations under the World Trade Organization (WTO) and the North American Free Trade Agreement (NAFTA). They said it also would undermine the intent of the pending Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA).
"Canada's continued disregard for the provisions in its pacts with trade partners is unacceptable," said Connie Tipton, president and CEO of the International Dairy Foods Association. "These protectionist policies are in direct conflict with the principles of free markets and fair trade, which trade agreements like TPP aim to promote."
"The dairy trade situation with Canada has gone from bad to worse this year and now Canada is contemplating doubling down on that terrible track record," said Jim Mulhern, president and CEO of the National Milk Producers Federation. "Enough is enough; Canada needs to stop shirking its dairy commitments and hold up its end of already negotiated agreements."
"For years U.S. exporters have borne the brunt of a continuing procession of new Canadian policy tools intended to curtail dairy imports," said Tom Suber, president of the U.S. Dairy Export Council. "TPP has included new features to move toward more open trade by expanding market access compared to the status quo; but Canada's been doing its best to erode longstanding existing access as much as possible before this agreement is even put in place."
The National Milk Producers Federation (NMPF), based in Arlington, Va., develops and carries out policies that advance the well-being of U.S. dairy producers and the cooperatives they collectively own. The members of NMPF's cooperatives produce the majority of the U.S, milk supply, making NMPF the voice of nearly 32,000 dairy producers on Capitol Hill and with government agencies. For more on NMPF's activities, visit www.nmpf.org.
The U.S. Dairy Export Council (USDEC) is a non-profit, independent membership organization that represents the global trade interests of U.S. dairy producers, proprietary processors and cooperatives, ingredient suppliers and export traders. Its mission is to enhance U.S. global competitiveness and assist the U.S. industry to increase its global dairy ingredient sales and exports of U.S. dairy products. USDEC accomplishes this through programs in market development that build global demand for U.S. dairy products, resolve market access barriers and advance industry trade policy goals. USDEC is supported by staff across the United States and overseas in Mexico, South America, Asia, Middle East and Europe. The U.S. Dairy Export Council prohibits discrimination on the basis of age, disability, national origin, race, color, religion, creed, gender, sexual orientation, political beliefs, marital status, military status, and arrest or conviction record.
The International Dairy Foods Association (IDFA), Washington, D.C, represents the nation's dairy manufacturing and marketing industries and their suppliers, with a membership of 550 companies within a $125-billion a year industry. IDFA is composed of three constituent organizations: the Milk Industry Foundation (MIF), the National Cheese Institute (NCI) and the International Ice Cream Association (IICA). IDFA's nearly 200 dairy processing members run nearly 600 plant operations, and range from large multi-national organizations to single-plant companies. Together they represent more than 85 percent of the milk, cultured products, cheese, ice cream and frozen desserts produced and marketed in the United States. IDFA can be found online at www.idfa.org.
SOURCE International Dairy Foods Association
Choosing the right CAD software os critical for the success for your projuct and your business. There are a lot of choices, especially among low-cost CAD software solutions, and it's easy to get confused.
That’s why you should get this guide, from CAD industry expert Robert Green. Robert identifies the 5 essential questions you should ask before you choose your low-cost CAD software.
About the author– Robert GreenRobert Green is a popular CAD author and trainer. With 30+ years of CAD experience, using a variety of CAD software systems, Robert helps designers and drafters work smarter and faster. When he’s not writing, Robert heads a CAD consulting practice in Atlanta, Georgia, USA.
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
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
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