Archive for August, 2012

Dunne: KiwiSaver hits two million member milestone

Comments Off | 08-31-2012

KiwiSaver has hit two million members, Revenue Minister Peter Dunne announced today.
“KiwiSaver continues to be a popular way for New Zealanders to save for their retirement and when you look at the initial hopes for the scheme, to hit this mark in just five years is amazing,” Mr Dunne said.
“It offers a ready-made way to [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

New Solid Energy Chair

Comments Off | 08-31-2012

State Owned Enterprises Minister Tony Ryall today confirmed Auckland based executive Mark Ford as the new Chair of Solid Energy.
Mr Ford replaces outgoing Chair, John Palmer, who has previously announced his intention to retire from the Board.
“Mr Ford is an experienced chief executive, director and Chair who has worked in a wide range of relevant [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

Pacific fisheries and oceans get $10m boost

Comments Off | 08-31-2012

New Zealand will commit NZ$50 million over the next three years to support Pacific fisheries and oceans, Prime Minister John Key announced today.
Mr Key, who is in Rarotonga at the Pacific Islands Forum, says this represents $10 million over and above existing commitments.
“The region faces challenges to sustainably develop what is its single most important [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

New Zealand in emerging Asian FTA

Comments Off | 08-31-2012

New Zealand is part of a new initiative to create a regional free trade agreement in East Asia Trade Minister Tim Groser announced today.
Mr Groser is in Siem Reap, Cambodia, attending trade meetings hosted by the Association of Southeast Asian Nations (ASEAN).
Discussions are underway for negotiations on a new 16-member free trade agreement (FTA) involving [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

Government moves ahead with cloud computing strategy

Comments Off | 08-30-2012

Internal Affairs Minister Chris Tremain says the Government is taking the next steps towards the adoption of cloud computing, paving the way for improved services and significant cost savings.
Cloud computing will enable government agencies to pay per-use for ICT products and services delivered through networks, rather than maintain their own ICT [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

State Sector reform bill introduced

Comments Off | 08-30-2012

The State Sector and Public Finance Reform Bill has today been introduced in parliament, says State Services Minister Jonathan Coleman.
“This is an omnibus bill which amends the State Sector, Public Finance and Crown Entities Acts to provide the legislative grunt to deliver better public services,” he said.
“The amendments create a range of public sector management [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

Improvements to Public Finance Act introduced

Comments Off | 08-30-2012

Finance Minister Bill English today introduced the Public Finance (Fiscal Responsibility) Amendment Bill to Parliament, which sets out improvements to fiscal policy and management of taxpayers’ resources.
“The changes aim to ensure that the fiscal responsibility provisions of the Public Finance Act 1989 remain a sound guide for fiscal policy, now and into the future,” he [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

DHBs deliver more front line services

Comments Off | 08-30-2012

Health Minister Tony Ryall says the latest results of the Government’s National Health Targets, released today, show district health boards (DHBs) continue to make improvements and deliver more frontline services.
Highlights for the quarter four 2011/12 health targets include:
• Emergency Departments have achieved the highest result since the target was introduced. 94 per cent of patients [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

New report shows benefits of ‘second Taranaki’

Comments Off | 08-30-2012

Energy and Resources Minister Phil Heatley has welcomed a new report on the economic benefits of future oil and gas discoveries released by the Ministry of Business, Innovation and Employment (MBIE) today.
“The report responds to the question ‘What if we could develop a second Taranaki in New Zealand?’
“For decades the oil and gas industry has [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More

Progress towards modernising patent law

Comments Off | 08-29-2012

Commerce Minister Craig Foss has welcomed progress towards updating patent law following the release of a supplementary order paper (SOP).
The Government’s SOP introduces a minor amendment to the Patents Bill to clarify whether computer programs are patentable.
Under the amendment, computer programs as such would not be eligible for patent protection.
However, inventions that make use of [...]

Tags: , , , ,
Posted in Foreign Direct Investment/FDI New Zealand, General | Read More