Posts in Economy
Muhammad Yunus speaks: Social businesses and entrepreneurship should be encouraged in NZ

Highlights: Health concentration at the top worries me most; eight people owning more than the bottom 50 percent of the world's population is unsustainable in the long run; I believe in working towards three zeros - zero poverty, zero unemployment, and zero net carbon emission; The way to tackle unemployment and get people out of welfarism is to empower them and encourage entrepreneurship

 

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New outlook: Changing the way we look at our economy - Lyttelton's Living Economies Expo

Those who attended the recent Living Economies Expo came away energised and inspired to make change. The purpose of the event was to seed systemic change. The realisation that our systems are not working is fairly widespread: see the increasing coverage in our media of topics such as climate change, water quality, housing shortages, a failing health system, the growing divide between rich and poor, decrease in the diversity of species, questionable political leadership worldwide and of course the connector of all these issues – our current highly dysfunctional monetary system.

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Interview: 2017 will be a landmark in regenerating Christchurch: Albert Brantley, Chief Executive of Otakaro, and a migrant himself

Highlights: it's important to tell the story; we need to get the community and people more involved; all new anchor projects will be inclusive, will appeal to everyone and everybody; Christchurch will be the city of future; we encourage diversity of thoughts at Otakaro; diversity of cultures and migrants have been great for New Zealand

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Regenerate Christchurch: Community puts ideas forward

Christchurch's rebuild after the 2011 earthquake got a major breakthrough last week with Regenerate Christchurch (RC) announcing Gerry Brownlee's - minister supporting Greater Christchurch Regeneration - approval for the company's approach for developing a Regeneration Plan for the Ōtākaro Avon River Corridor. RC is a new entity, established in 2016 to lead the regeneration of Christchurch including the central city, residential red zone and the eastern New Brighton.

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'Living Planet': Three-day forum to look for sustainable solutions

"The Living Economies Expo is an event recognising the interconnection of all major global issues around the driving force of our dysfunctional debt-based money system. The event will showcase examples of people doing things differently, creating healthy solutions, demonstrating what is possible, what gives hope and direction to our communities and country. Through the momentum of this event we hope to seed systemic change," says Margaret Jefferies, member of the Living Economies Trust Board, the main organiser of the event. Jefferies is also the chairperson of Project Lyttelton.

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Labour: Chch's Bahn Thai Restaurant to pay 25k for three categories of breaches of minimum code requirements

These include penalty for failure to provide written employment agreements, failure to keep holiday and leave records and failure to keep wage and time records. "The respondent is to pay a penalty to the Crown in the sum of $25,000 in respect of three categories of breaches of minimum code requirements, plus $71.56 to the Labour Inspectorate as reimbursement of its Authority lodgement fee," said David Appleton, member of the Employment Relations Authority, in his judgement dated December 16, 2016.

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Migrants: New Zealand is benefitting from immigration, says New Zealand Initiative

New Zealand is benefitting from immigration a new report by The New Zealand Initiative says. It also found that the current immigration policy settings are broadly fit-for-purpose, but policymakers should be vigilant to ensure this remains the case.

Launched on January 30, The New New Zealanders: Why migrants make good Kiwis looks at the many people who are choosing to make New Zealand their home, and the effect they have on our society.

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Expo: Migrant business is very important to us - Eric Chuah, Head of Migrant Banking at ANZ, NZ

- he spoke to The Migrant Times after successfully organising the Bank's fourth Migrant Expo, held at the Vodafone Events Centre, Manukau, Auckland on November 5

Around 5,000 visitors attended the event, which started as a pilot three years ago. Last year, the event moved to Sky City and was organised as a family fun day with over 120 stalls.

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Migrants: Not much discussion on the opportunities migrants offer to NZ businesses - HT Group's research

HTG and social trends research company, Windshift, have just completed a major research project among migrants. "We spent 100 hours conducting in-home interviews as well as a national survey comparing NZ born and migrant New Zealanders. We found that migrants tend to be highly educated middle class people who are savvy consumers and well disposed towards New Zealand brands. Migrants are loyal to brands that clearly demonstrate they value migrants’ business. Sixty five percent are educated to degree level or above compared with just 36% of those that are New Zealand born. And 72% consider themselves financially stable or prospering, compared with 54% of New Zealand born," notes Windshift.

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Consumers: Recalls.govt.nz a hit

The government’s new first-stop-shop product recall website has been embraced by consumers, claimed Commerce and Consumer Affairs Minister Paul Goldsmith recently. The site www.recalls.govt.nz went live in March this year. Since then 125 products have been recalled, and over 28,000 people have used the site to search, subscribe and keep safe by knowing which products may pose a safety risk, the Minister added.

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Migration: Economic benefits - the Reserve Bank's take

Geoff Bascand, Deputy Governor and Head of Operations at the Reserve Bank of New Zealand, in a speech delivered to Otago University in Dunedin few months back, explained in detail “how migration affects the economy”. He made some pertinent points, which persuaded this newspaper to report on what he explained. Interested readers may scan the QR code below to read his full speech.

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Work Talk

Immigration New Zealand in collaboration with the Language in the Workplace Team, School of Linguistics & Applied Language Studies, Victoria University of Wellington, has developed a web tool to help workplace communication challenges and improve communication between NZ employers, managers and their new migrant employees from other cultures.

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