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Founded by Max Farndale 1947 - 2018
Monday, 08 August 2022 11:06
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Mainzeal failed while parent made billions

  Richard Yan, pictured outside the High Court in Auckland, says he never lost confidence in Mainzeal. Photo: Nikki Mandow
Richina, the Chinese parent company of failed New Zealand construction company Mainzeal, owns assets potentially worth billions of dollars, according to information from the ongoing High Court hearing in Auckland reports Nikki Mandow for Newsroom.

  • Source/ReadMore A Newsroom release by Nikki Mandow
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New organisation says New Zealand should play a role in preventing armed conflict

A new organisation set to launch on 23 October aims to widen the public conversation about the role of Aotearoa New Zealand in the world.

  • Source A New Zealand Alternative release
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Reserve Bank consults on changes to banks’ reporting of breaches

24 Oct: 0716 |The Reserve Bank today published a consultation paper proposing changes to the reporting and publishing of breaches by banks.

  • Source A RBNZ release
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Short-term pain for long-term gains

24 Oct: 1055 | New Zealand’s largest drug developer and manufacturer, Douglas Pharmaceuticals supplies prescription consumer medicines as well as health and beauty products to a number of international markets. "Research and development is vital in the pharmaceutical industry.”

  • Source A BlueNotes release
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Blackmail scammers hard at work over Labour Weekend

24 Oct: 1018 |  Scammers have been hard at work over the long weekend, and while New Zealanders were out enjoying the three day break, CERT NZ received a significant spike in reports of webcam blackmail scams.

  • Source A CertNZ release
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“Don’t waste this opportunity”

23 Oct: 1202  |  New Zealand’s biggest meat processor, Silver Fern Farms has kept its side of the bargain by increasing the number of Samoan RSE workers. By the first week of November, 100 new Samoa RSE workers should be employed in the four Silver Fern Meat Processing operations in New Zealand including 40 in their new Pacific Plant. Already 135 Samoan RSE workers are on the Sliver Fern’s payroll. And the company has committed to hire total contingent of 250 Samoans to work for 10 months with them and it’s just rewards for government and the Ministry of Commerce,…

  • Source/ReadMore A Samoa Observer release
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Arrow Electronics and Infineon to provide A/NZ startup support

Arrow Electronics has signed a memorandum of understanding (MoU) with Infineon Technologies, a German semiconductor and system solutions provider, to provide start-up businesses in Australia, New Zealand, South East Asia, India with innovative products and engineering support to help them accelerate the idea-to-impact innovation journey.

  • Source/ReadMore A ChannellNZ release
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Saudi Arabia to set up special economic zone at Riyadh airport: SPA agency

Saudi Arabia announced the establishment of a special economic zone to draw more foreign investment, state news agency SPA reported on Sunday.

  • Source/ReadMore A CGTN release
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‘Free’ stadium ignores economic realities

  A "free" stadium for Auckland will come at a huge cost for the city's economy. Photo: Ports of Auckland Ltd
A new waterfront stadium has plenty of cheerleaders in Auckland, who are urging the council to just bite the bullet and get on with it - especially as it's being pushed as 'cost-neutral' to the ratepayer. But the economics of swapping a car park for a stadium on Auckland’s waterfront don't add up reports Alexia Russell on Newsroom.

  • Source/ReadMore A Newsroom release by Alexia Russell
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Commission opens investigation into wool scouring acquisition

22Oct: 1435 | The Commerce Commission has opened an investigation into David Ferrier’s acquisition through a holding company of a 70% equity interest in wool scourer Cavalier Wool Holdings Limited.

  • Source Commerce Commission
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National bus strike in response to chaotic bus transport systems across the country – bus drivers call for industry-wide standards

Around a hundred drivers will take strike and picket action in Auckland while another hundred will strike and picket in the Waikato. Meanwhile bus drivers in Wellington will begin their indefinite strike on the same day (Tuesday, 23rd October).

  • Source A FirstUnion release
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AMP is the first financial organisation to become Living Wage accredited

Living Wage Movement Aotearoa New Zealand is excited to announce the first financial sector business to become a Living Wage Employer.

  • Source A Living Wage Aotearoa Movement NZ release
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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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