Tag: Commodities

India & NZ serious about expanding investment

Press Release – India New Zealand Business Council “India & NZ are serious about expanding investment opportunities, says John Key at INZBC Summit 2016.“India & NZ are serious about expanding investment opportunities”, says John Key at INZBC Summit 2016. Putting the FTA back in focus, the Prime Minister said that, “India is potentially a huge market and India New Zealand Business Council playing a very critical role from our point of view in terms of linking New Zealand, pretty small country at the bottom of the world with second most populous country in the world.” The Prime Minister revealed that he will be going to India in October this year, to push for FTA negotiations which we have been working on. “If we look at the numbers, we are currently doing 2.2 billion worth of two-way trade with India, it shows the potential of doing trade with India further if we get the agreement right. Although, Free trade agreement by itself doesn’t guarantee that we would get more business straightaway, but it does let us trade in each other’s market”. Key also noted that organisations like India New Zealand Business Council are important to make the pathways easier between the govt. of both the countries. “New Zealand can work on advancing the corporation with India to make sure those small farms can grow and become more productive. India’s long-term...

Read More

PrintNZ Forum Speakers Enlighten Delegates

Press Release – PrintNZ New Zealand captains of industry Mike Hutcheson, Mike Pero and Kim Campbell shared significant business insight and interesting personal life experience during the PrintNZ Forum at SkyCity on May 13.PRINTNZ FORUM SPEAKERS ENLIGHTEN DELEGATES New Zealand captains of industry Mike Hutcheson, Mike Pero and Kim Campbell shared significant business insight and interesting personal life experience during the PrintNZ Forum at SkyCity on May 13. A full audience heard advertising/marketing guru and columnist Mike Hutcheson speak on innovation and marketing, entrepreneur Mike Pero on business success and Employers’ and Manufacturers’ Association chief executive Kim Campbell about business conditions and challenges. All three also touched upon their own involvements in the printing industry, in engaging addresses laced with humour. In an often history-laden presentation, Mr Hutcheson spoke of how “life was simple” for those like himself leading the advertising industry in the 1970s — a placement in The Listener and on television would essentially “get everyone”. Given the proliferation of mediums in the time since, Mr Hutcheson drew a comparison as to how modern air travel had changed but not ended sea travel and challenged the print industry to “go upmarket” — “some things you still want in print”. Noting that “everything changes, but everything stays the same”, he said human motivations were the same as they had always been — “you need to work out how...

Read More

The TPPA is a wonderful opportunity

Press Release – Wellington Chamber Of Commerce The TPPA is a wonderful opportunity for regional businesses of all types to grow and contribute to economic growth and employment, organisations representing businesses told a parliamentary select committee today.Wellington Chamber of Commerce Media Statement Thursday 14th April 2016 TPPA wonderful opportunity for regions, says business The TPPA is a wonderful opportunity for regional businesses of all types to grow and contribute to economic growth and employment, organisations representing businesses told a parliamentary select committee today. John Milford, Chief Executive of Wellington Chamber of Commerce and Business Central, and a Board member of the New Zealand Chambers of Commerce Inc, said business communities encouraged developments which sought to improve and maximise the business environment for New Zealanders. “To this end, the Trans-Pacific-Partnership Agreement (TPPA) is a development our organisation supports. “Much like existing trade agreements, it will provide the framework for businesses to increase their competitiveness in international markets, this time focusing on the whole Asia-Pacific region. “Kiwi businesses are opportunists, and the way they see it the TPP will ease existing barriers, open new doors for collaboration, ultimately improving successes and confidence. “If wholly implemented, it will give Kiwi businesses improved access to international markets and a better regulatory playing field to encourage collaborative trading relationships.” Mr Milford told the Foreign Affairs, Defence and Trade Select Committee that the impacts of...

Read More

Pre-Budget Speech to Business New Zealand event

Speech – New Zealand Government Budget 2016 Pre-Budget Speech to Business New Zealand event Wellington Wednesday, 13 April 2016 Its good to be back here for my annual pre-Budget speech and I want to thank Business New Zealand for hosting me once again. This years Budget will …Budget 2016 Pre-Budget Speech to Business New Zealand event Wellington Wednesday, 13 April 2016 It’s good to be back here for my annual pre-Budget speech and I want to thank Business New Zealand for hosting me once again. This year’s Budget will be delivered against a backdrop of a growing economy, supported by strong levels of tourism and migration, a large pipeline of construction projects and low interest rates. Notwithstanding challenges in the dairy industry, most New Zealand forecasters are predicting growth of around 3 per cent on average over the next few years. That’s a good position for the country to be in. In fact, over the last five years New Zealand has had one of the fastest growth rates in the OECD. However, nothing is guaranteed. There are always risks, and at the moment these revolve around issues like the ability of China to smoothly negotiate its economic challenges. On the other hand, the economy could do better than forecast. That’s why the Government takes a medium-term approach to fiscal policy, looking through ups and downs and focusing on the...

Read More

CORRECT: NZ PM Key says low dairy prices will rebound

Article – BusinessDesk March 22 (BusinessDesk) – Prime Minister John Key says he’s confident dairy prices, which have slumped below the cost of production, will rebound as growing Asian populations boost demand. CORRECT: NZ PM Key says low dairy prices will rebound as Asian demand recovers (Fixes date of China FTA to 2008 in seventh paragraph) By Tina Morrison March 22 (BusinessDesk) – Prime Minister John Key says he’s confident dairy prices, which have slumped below the cost of production, will rebound as growing Asian populations boost demand. Dairy product prices have fallen for five of six auctions on the GlobalDairyTrade platform this year, as the European Union signals it will underpin production even in the face of global oversupply, and amid continuing Russian import bans and weaker demand from China following a build-up of inventories. Prices have remained lower for longer than expected, putting pressure on dairy farmer incomes, dairy debt levels and spending in rural communities. Key told the Platinum Primary Producers annual conference in Wellington that he was confident prices would rebound on Asian demand. “I understand dairy is weak at the moment,” Key said, however, he said the factors behind the lower prices were “temporary”. “People, as they are wealthier, want protein and that’s happening in Asia,” he said. “They are going to come right and they are going to come right because that consumer...

Read More