Archive for February, 2010

Ultra Fast Broadband Trialled In Rural Schools

Press Release – Farmside

Children at two rural South Island schools will soon have access to high-speed rural satellite broadband thanks to a one month trial set up by Farmside due to begin this month. Read more »

Herald needs to consider staff safety

Press Release – Rethinking Crime and Punishment

Bailey Kurariki’s alleged sexual violation of two female journalists, raises serious questions about the Heralds judgement, in sending female staff unsupported to Bailey’s house,” said Kim Workman, Rethinking Crime and Punishment. Read more »

Q+A’s Paul Holmes Interviews Telecom CEO

Speech – Television New Zealand

Points of interest:CEO’s $3 million performance bonus “is going to be affected by this, of course”; Reynolds denies budget issues with its new technology: “In no way did we skimp on XT”; Asked if Telecom is struggling with historic under-investment, … Read more »

Q+A’s Paul Holmes Interviews Rodney Hide

Speech – Television New Zealand

Points of interest: ACT party leader lays into National: “Too conservative”, “present policies… won’t lift our economic performance” or help us catch Australia, “basically we’re sticking with the policies of Michael Cullen and … Read more »

Build Our Trains At Home, Say Rail Workers

Press Release – Rail And Maritime Transport Union

The Rail and Maritime Transport Union (RMTU) is using an open day at Hutt Rail workshops today to urge KiwiRail to back the New Zealand workforce and ‘buy kiwi made’ in its upcoming locomotive and wagon procurement. Read more »

Global Fixed Income Markets Weekly

Press Release – JP Morgan

GGBs will become ineligible for funding at the ECB if Moody’s downgrades Greece by more than one notch and the ECB tightens its collateral criteria to pre-crisis levels at year-end. Read more »

Alliance To PM: What About “Jobs In Local Rail”

Press Release – New Zealand Alliance Party

The Alliance is backing a campaign by rail workers to have KiwiRail’s new locomotives and wagons built in New Zealand. The Rail and Maritime Transport Union (RMTU) is using an open day at Hutt Rail workshops today Sunday 28 February 2010, from 11am … Read more »

Auckland City Council Threatens Unite Leader

Press Release – Unite Union

The Auckland City Council has threatened to arrest the head of the Unite Union Matt McCarten and campaign volunteers tonight if they attempt to gather signatures in the union campaign to raise the minimum wage to $15 an hour. Read more »

Special Olympics SPARC Finalist

Press Release – Special Olympics NZ

pecial Olympics New Zealand today learned that it is a finalist in the Event Excellence category of the 2010 New Zealand Sport and Recreation (SPARC) Sector Awards for its 2009 National Summer Games. “We are absolutely over the moon,” says Kathy Gibson. Read more »

Corporate Hedging Recommendation: GBP Downside

Press Release – JP Morgan

GBP remains vulnerable in the medium term as de-leveraging in the public, household and banking sectors weighs on growth. A massive fiscal consolidation is necessary in the UK and we expect further declines in GBP as a result. Read more »

The real impact of JPY/KRW

Press Release – JP Morgan

JPY/KRW receives considerable attention for three reasons: it is believed to influence relative equity performance, it is highly cyclical and it is fundamentally misaligned (KRW is cheap to JPY). Read more »

FX Markets Weekly: Loose Wheels, Firm Dollar

Press Release – JP Morgan

Most global activity data give the impression that the wheels are coming off the global recovery. That view is too extreme, but the wheels are loose enough to extend USD strength into mid-March. Stay long USD vs most currencies but the yen, and stay … Read more »

FX Daily Planet: New York Open

Press Release – JP Morgan

Equities rose in Asia and Europe, helping to depress JPY after its recent run. But the main focus this morning was GBP, which continued to weaken across the board. Q4 GDP was revised a little higher than the market expected but rumors of a General … Read more »

FX Daily Planet: London Open

Press Release – JP Morgan

The Nikkei index traded firmly supported by much-stronger-than-consensus Japanese Jan. industrial production and retail sales. Many other Asian stock indices traded with a firm tone (+0.2-0.6%) as well. Read more »

Tariana Turia, Sustainable Economic Development

Speech – The Maori Party

I was interested when I looked at the programme today and saw the connection between the Whanganui region and the global economy. It spoke to me of the universal truth I have known all my life, epitomised in our saying, ko au te awa, ko te awa ko au. … Read more »

US: Don’t Blame Small Business For Jobless Growth

Press Release – JP Morgan

Focus on tight credit conditions facing small business as a drag on hiring is not supported by the data; The BED survey shows recent job cuts more concentrated in large firms. Read more »

On Q + A This Sunday

Press Release – Television New Zealand

ACT’s annual conference is being held this weekend, Q+A asks its Leader, Rodney Hide about the future of the party and its future with National. Can ACT keep getting its agenda, from three strikes to regulatory reform, through the House? Read more »


Article – Businesswire

Phil Heatley: – Basically, I have a confusing wallet. I’m not a details person. I’ve got really no idea which credit card I use most of the time. All too believable. That’s what it looked like, not that I know Phil Heatley. Read more »

MARKET CLOSE: NZ shares edge higher; Ebos, APT up

Article – Businesswire

Feb. 26 (BusinessWire) – New Zealand shares edged higher, led by Ebos Group Ltd., after the medical and scientific products distributor said it’s looking for acquisitions, and AMP NZ Office Trust announced an overhaul of its management structure. Read more »

Kiwi Income punts on Auckland waterfront

Article – Businesswire

Kiwi Income snares 90-year lease for $16.5M in Auckland’s showcase Wynyard Quarter Read more »

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