Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Emergency meeting of CEOs & Govt on earthquake response

Media release


Emergency meeting of CEOs & Govt on earthquake response

CEOs of 50 leading New Zealand companies have developed a Steering Group to co-ordinate private sector support for Christchurch following this week's devastating earthquake.

The members of BusinessNZ's Major Companies Group CEO Forum were briefed by Prime Minister John Key, Finance Minister Bill English and Earthquake Recovery Minister Gerry Brownlee at a meeting in Auckland yesterday afternoon.

The Forum identified a number of key areas where major companies could provide additional help to the city, including water, housing, infrastructure, health services, telecommunications and financial services.

Each area will be led by a CEO with specialist knowledge to develop action plans in consultation with Civil Defence and the Government.

Following that, the Steering Group will liaise with government agencies and co-ordinate private sector assistance in Christchurch to maximise the wealth of expertise and resources within New Zealand's leading companies.

Forum convenor, BusinessNZ CEO Phil O'Reilly, said there was overwhelming willingness from the business community to help Christchurch through this crisis and beyond as it rebuilds.

Forum chairman, Fonterra CEO Andrew Ferrier, said there was 100% commitment to the future of Christchurch.

"Everyone around the table was absolutely committed to helping Christchurch through this terrible tragedy and to get back on its feet again.

"We heard that many of New Zealand's companies are already doing a lot to help Christchurch and clearly there is a lot of experience we can draw on," Mr Ferrier said.

The Steering Group, chaired by Mr Ferrier and working with the co-ordination of BusinessNZ, will develop an agreed set of action plans for each priority area in the near term.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news