Infoblaze New Zealand (2025)

13/12/2024

Depressed China property market | Impacts on New Zealand Exports

The depressed property market is China’s most significant challenge to its COVID 19 recovery and to achieving sustained economic growth. The property sector's significance stems from its integration with other major industries (particularly construction), the estimated 2.5 million jobs it creates, and its role as the most important asset class for Chinese households (in 2019 it made up 70 percent of urban households’ assets – the rest being low-interest bank deposits, cash, or volatile local stock markets). In all, the property sector accounts for around a third of China's GDP.

Impacts on New Zealand Exports

The non-sector specific impact results from consumers seeking greater value and moderated high price expectations around some New Zealand exports. To remain competitive in a low demand environment for discretionary items, New Zealand firms have needed to lower prices. This shaves export revenue for New Zealand firms in the China market.......
https://bit.ly/3VE9Ha1

New Zealand Ministry of Foreign Affairs and Trade

08/12/2024

set to take autonomous Agricultural Robots from to the world

A Marlborough-based startup that has built the world’s most functionally capable autonomous tractor for the agricultural industry is about to go global after partnering with a US multinational corporation to scale and expand its international footprint.

Smart Machine has designed autonomous multitasking robotic machines – called Oxin – to work in vineyards around the world. The 4.5 tonne machines are capable of mulching, spraying herbicide, mowing, canopy trimming and spraying, and leaf defoliation – almost everything except harvesting.....
https://bit.ly/4itonT5

Andrew Kersley

NZ Entrepreneur Magazine
Global Entrepreneurship Network

Dave Crampton
Via nzentrepreneur.co.nz

02/12/2024

NZ welcomes Singapore food security delegation

Minister for Trade and Agriculture Todd McClay today welcomes a delegation from Singapore, who are in New Zealand for a food security mission.

“The visit will strengthen our trade and investment ties and demonstrate how New Zealand’s world-leading agri-food ecosystem can support Singapore’s long-term food security.

“This mission will elevate the role of our world leading, high-quality, safe, food and fibre and contribute to our target of doubling the value of exports in the next 10 years.”....
https://bit.ly/3CPymlA

Todd McClay MP

01/12/2024

Systemic breaches of consumer law lead to $1.5million fine for

Kiwibank has been fined $1.5million after pleading guilty to systemic and long-running breaches of the Fair Trading Act that led to 35,000 customers being overcharged a total amount of $6.8 million.

Commerce Commission Deputy Chair Anne Callinan says the offending was serious and the result of a raft of failures in Kiwibank’s systems.

“There were long-standing flaws in Kiwibank’s systems and processes that led to these breaches, some of which likely date back to Kiwibank’s inception in 2002,” Ms Callinan says.....
https://bit.ly/3CQQwmS

Commerce Commission

29/11/2024

It's been a little over a month since we opened the new roundabout at the intersection of State Highways 1 and 29 in Piarere in Waikato, replacing the high-risk T-intersection – here's a look at the progress we're making on the new permanent approaches.

The roundabout is currently operating with temporary approach roads while we build the permanent approaches. Roadworkers are making great progress and we expect to open the SH1 approach from Tīrau (pictured) in mid-December, followed closely by the SH29 approach and then the SH1 Cambridge approach.

If you're in Waikato and travelling through the roundabout, it's still a worksite – follow the signage and taking care when travelling through.

We’re on track to finish the roundabout in mid-2025. Once we've finished the roundabout it'll improve efficiency, connectivity, and safety on this very important high-volume route. The roundabout is future proofed for a fourth approach that'll connect to the future expressway between Cambridge and Piarere.

You can keep up to date with our work on the roundabout by signing up to our email newsletter. Visit our website to sign up, and to find out more about the project: https://www.nzta.govt.nz/sh1-sh29-intersection

29/11/2024

MACSO’s artificial intelligence detects respiratory illness in swine

Technology developed by an Auckland-based artificial intelligence and sensor fusion company has shown impressive results in a recent pig farm trial conducted by a large third-party organisation.

MACSO has conducted a number of independent studies in the US and Europe on more than 5,000 pigs and concluded that the solution can detect respiratory illness in swine between 16 hours to six days earlier than human detection using artificial intelligence (AI) monitoring. This detection has led to lower animal death rates and greater profitability of pig farms.....
https://bit.ly/3ZCSeRX

Saba Samiei

Dave Crampton
Via nzentrepreneur.co.nz

28/11/2024

Combating trade in illegally harvested | Legal Harvest Assurance system

The Government is delivering on its commitment to combat trade in illegally harvested timber, with consultation starting today on operational details to implement New Zealand’s legal harvest assurance system, Forestry Minister Todd McClay announced today.

“The system will limit the risk of importing illegally harvested timber and provide the international market with confidence in New Zealand’s timber and timber products,” Mr McClay says....
https://bit.ly/3VAn5fx

Todd McClay MP
Ministry for Primary Industries

13/11/2024

This New Zealand company has saved over 60 million bees.

As New Zealand's largest producer of authentic UMF™ certified Mānuka Honey, Comvita has an ambitious goal to be a global leader in natural health and wellbeing using the power of bees, and to also donate 1% of its profits to causes that deliver social and environmental impact around the world......
https://bit.ly/40IyahE

Via www.eyesonnewzealand.com

07/11/2024

HCL Tech secures order from New Zealand’s district council to accelerate digital transformation

HCL Tech will leverage Microsoft Dynamics 365 to move the Tasman District Council to an advanced digital system.

HCL Tech on Thursday announced that it has been selected by the Tasman District Council in New Zealand to provide contemporary digital user experiences to employees and residents of the Tasman district.....
https://bit.ly/4eiKMz9

HCLTech
Tasman District Council - Te Kaunihera o te tai o Aorere

🇳🇿
Via financialexpress.com

07/11/2024

improves as interest rates ease - QSBO October 2024 | NZIER

NZIER Quarterly Survey of Business Opinion

NZIER’s QSBO shows improved business confidence as interest rates ease

The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows a marked improvement in business confidence in the September quarter. A net 5 percent of firms expect a deterioration in general economic conditions over the coming months on a seasonally adjusted basis. This is a significant drop from the net 40 percent of firms feeling downbeat in the June quarter.

The measure of firms’ own trading activity points to continued weakness in demand, with a net 31 percent of firms reporting a decline in activity in their own business in the September quarter. Meanwhile, only a net 2 percent of firms are expecting weaker activity in the next quarter. The start of the easing cycle in the OCR by the Reserve Bank of New Zealand (RBNZ) since the August Monetary Policy Statement and expectations of lower interest rates for the coming year appear to have supported this sharp improvement in sentiment about the outlook ahead, despite demand remaining weak for now.....
https://bit.ly/4hCHLwr

04/11/2024

Government’s creative sector strategy released

The Government’s creative sector strategy is designed to increase Kiwis’ engagement with culture and creativity and to boost its economic contribution, Arts Minister Paul Goldsmith says.

“Amplify has been released for public consultation and I encourage people to read the strategy and to share their feedback.

“There’s an opportunity to increase the impact of our arts and culture here and on the world stage, and significantly increase the sectors’ contribution to GDP and export revenue by 2030.....
https://bit.ly/40uR4Zg

Paul Goldsmith

Via beehive.govt.nz

03/11/2024

Stand-alone house consents up in the September 2024 quarter

There were 9,176 new homes consented in Aotearoa New Zealand in the September 2024 quarter, up 0.5 percent compared with the September 2023 quarter, according to figures released by Stats NZ today.

In the September 2024 quarter, there were 4,485 stand-alone houses consented, up 24 percent compared with the September 2023 quarter. There were 4,691 multi-unit homes consented, down 15 percent over the same period.

“The September 2024 quarter marked the first quarter where there was a year-on-year increase in the number of stand-alone houses consented since December 2021,” economic indicators manager Michael Heslop said.....
https://bit.ly/48EL7uX

hashtag hashtag hashtag
Via stats.govt.nz

28/10/2024

Empower Me Collective warns about scam emails offering Chinese domain names

Kiwi business owners are being warned to think carefully about securing multiple international domain names for their companies when establishing a web site, as emailed approaches offering this are likely scams.

The warning comes from Manuela Klevisser, founder of Empower Me Collective, a support and coaching initiative for aspiring entrepreneurs in New Zealand.

When founding Empower Me Collective, Manuela says she secured the business domain name she wanted, but around the first anniversary of the business she was approached via email by someone wanting her to buy all the domains in China with the same name......
https://bit.ly/3AdsLVa

Manuela Klevisser |

Via nzentrepreneur.co.nz

25/10/2024

to contribute to Telecommunications Development Levy for the first time

The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $12 million Telecommunications Development Levy (TDL) – with satellite provider, Starlink, set to contribute for the first time. The Levy is used to pay for telecommunications infrastructure and services that are not commercially viable, including broadband for rural areas and improvements to the 111-emergency service.

Starlink now meets the threshold for providers who must contribute to the Levy which includes all providers with gross revenues in excess of $10 million in the preceding year from telecommunications services including internet, mobile, and data...
https://bit.ly/3YibPF6

Commerce Commission

22/10/2024

Government provides clarity to farmers and councils on freshwater plans

The Government will move to add an amendment to the Resource Management Act Amendment Bill, currently before Parliament, which will restrict councils’ ability to notify freshwater plans before the gazettal of the replacement National Policy Statement for Freshwater Management, RMA Reform Minister Chris Bishop, Agriculture Minister Todd McClay and Environment Minister Penny Simmonds say.....
https://bit.ly/3NE873m

Via beehive.govt.nz

17/10/2024

Cannabis clinic setting up in NZ after suspensions across

‘Immediate action powers’ were used to suspend two doctors and the majority owner of the Dispensed cannabis clinic earlier this year

A medical cannabis dispensary embroiled in controversy across the Tasman is preparing to set up shop in New Zealand, Companies Office records show.

Telehealth provider Dispensed offers medical cannabis to patients through questionnaires, which are....
https://bit.ly/4f9E9QS

Andrew Bevin
Via newsroom.co.nz

13/10/2024

Not all domains the same, says Buy Kiwi founder

As the founder of Buy Kiwi, an eCommerce platform built for New Zealand-owned businesses, Jamie Farmer has helped plenty of Kiwi businesses sell their products and services to a local, national and global market. He’s also seen many experience issues when setting up their website domains, where it’s not always straightforward securing the right one for their business.

“New Zealand is quite relaxed when it comes to domains, as all you need to buy a ‘.co.nz’ address is a credit card and email address – whereas in Australia, to get a ‘.com.au’ you need to provide a registered APN number,” he says....
https://bit.ly/3BRrGCF

Jamie Farmer

Erin Harrison
Via nzentrepreneur.co.nz

12/10/2024

Australia lays groundwork to protect international waters trawled by NZ

Conservation measures in the high seas have become a point of contention between Australia and New Zealand in the past year

The Australian Government has taken the first steps towards creating a marine conservation park in international waters currently bottom trawled by New Zealand......
https://bit.ly/4f2rFKI

Andrew Bevin
Via newsroom.co.nz

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