Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Cross-Appointments to the NZ and Australian Takeovers Panels

Cross-Appointments to the NZ and Australian Takeovers Panels

Joint statement by Minister Foss and Australian Finance Minister Mathias Cormann

We are pleased to announce the cross-appointments of Mr David Oliver Jones MNZM to the Australian Takeovers Panel and Mr Richard Hunt to the New Zealand Takeovers Panel.

Mr Jones is currently the Chair of the New Zealand Takeovers Panel and will now also be a member of the Australian Takeovers Panel. Mr Hunt will join as a member of the New Zealand Takeovers Panel and continue to serve as a member of the Australian Takeovers Panel.

The purpose of these Panels are to provide a mechanism for peer review and enforcement of takeovers activity, with the aim of being more efficient, less formal and more expeditious than the courts.

These cross-appointment arrangements will continue to enhance trans-Tasman co-operation, assist in the harmonisation of regulatory frameworks and facilitate the strengthening of business relationships in both countries.

Mr Jones is a partner with Jones Young Lawyers in New Zealand. He has recognised expertise in mergers and acquisitions and corporate law and has been Chairperson of the New Zealand Panel since 2007. Mr Jones was appointed to the New Zealand Order of Merit as a Member for his services to business in 2012.

Mr Hunt is a Principal of Fort Street Advisers. Prior to establishing Fort Street Advisers, he worked for UBS Australia for 16 years holding a number of senior roles including co-head of Investment Banking Australasia, Head of Real Estate Australasia and was a member of the UBS Global Investment Bank Board and Talent Development Board. With 20 years of investment banking experience, Mr Hunt is a market leader in mergers and acquisitions, equity capital market and debt capital market transactions.

Mr Jones has been appointed the Australian Takeovers Panel until 30 September 2015 when his present term as Chairperson of the New Zealand Panel expires.

Likewise, Mr Hunt has been appointed to the New Zealand Takeovers Panel until 7 March 2015 when his present term on the Australian Panel expires.

The Australian Panel now has 37 members (including the President), all of whom are appointed on a part-time basis. The New Zealand Panel has 11 members (including the Chairperson and Deputy Chairperson), all of whom are appointed on a part-time basis.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

  • Week in Parliament 22-05-15
  • Saturday Sitting
  • House Rises At Midnight
  • Telco Levy Bill Passes
  • Telco Levy Bill Completes First Reading
  • Social Housing Bill Passes Under Urgency

  • TPPA: University Of Auckland Warns Of Negative TPP Impact

    The University of Auckland May 20, 2015 University of Auckland Warns of Negative TPP Impact With the Trans Pacific Partnership (TPP) negotiation drawing to a close, the University of Auckland has expressed serious concerns about its potential implications. ... More>>

    NZ Flag: Flag Referendum Gets Hit Hard In New Poll

    The latest Campbell Live text poll confirms it is time for the Prime Minister to listen to the public and shelve his flag referendum, says the New Zealand First Leader Rt Hon Winston Peters. More>>

    Gordon Campbell: The Government’s Belated Moves On Property Speculation

    Is it a property tax on capital gains or a capital gains tax on property? The Jesuitical distinctions in the government’s spin about its latest moves on property speculators are all about whether the government can claim that it jumped, or confess that it ... More>>

    Grant Robertson:
    Key Can’t Just Be Prime Minister For Parnell

    John Key must show New Zealanders in next week’s Budget that he is more than the Prime Minister for Parnell, and is also the Prime Minister for Pine Hill, Putararu and Palmerston North, Labour’s Finance spokesperson Grant Robertson says. In a ... More>>

    Labour Party: More Regional Jobs Go In Corrections Reshape

    News that 194 Corrections staff are to lose their jobs will have ramifications not only for them and their families but for the wider community, Labour’s Corrections spokesperson Kelvin Davis says. Prison units at Waikeria, Tongariro and Rimutaka ... More>>

    ALSO:

  • NZ First - Prison Job Losses to Send Money Offshore
  • TPPA: ‘Team Obama’ Regroups On Fast Track, Still Not Deliverable

    ‘After yesterday’s stinging and unexpected defeat for the Obama administration’s attempt to advance Fast Track legislation in the US Senate, Senate leaders have worked up a compromise they think will get them past this blockage’, according to Auckland ... More>>

    NZ Government: 5,500 More Doctors And Nurses In Our Hospitals

    Health Minister Jonathan Coleman says a record number of doctors and nurses are working in District Health Boards across the country. More>>

    Controller and Auditor General: Katherine Rich Conflict of Interest Decision

    We are writing to you about a matter that has been raised with us by members of the public. More>>

    ALSO:


    Budget 2015: Andrew Little On The 2015 Budget

    Speaking to the Chamber of Commerce, the Labour opposition leader attacked the government’s approach to economic issues facing New Zealand. He said they have been “more than reckless in their complacency” and “the next week’s budget will do nothing ... More>>

    Defence Force: NZDF Building Partner Capacity Mission Personnel In Iraq

    NZDF Building Partner Capacity Mission Personnel in Iraq The New Zealand Defence Force Building Partner Capacity training mission contingent is in place at Taji Military Complex in Iraq. The Chief of Defence Force Lieutenant General Tim Keating says the ... More>>

    PM Press Conference: ACC Levy Cuts Announced

    In a press conference this afternoon in Wellington, ACC Minister Nikki Kaye proposed $500 million worth of ACC levy cuts. More>>

    Quakes: New Process For Red Zone Crown Offers

    Canterbury Earthquake Recovery Minister Gerry Brownlee has announced a process to give everyone a say on the Crown offers to owners of vacant, commercial/industrial and uninsured properties in the Residential Red Zone. More>>

    ALSO:

    Gordon Campbell: On The Battle Obama Is Waging Over The TPP

    For the past two and a half years, this column has been arguing that the fate of the Trans Pacific Partnership (TPP) deal will hinge on whether US President Barack Obama can win Trade Promotion Authority (TPA) from Congress... Last week, the White House finally, finally unveiled a draft TPA Bill. More>>

    ALSO:


    Gordon Campbell: On lessons for Labour from the UK election
    If the polls were right – and the pollsters kept telling us how accurate they’d been in 2010, and even Nate Silver was getting the same results – there seemed no way that the British Labour Party could lose last Thursday’s British election. With Labour predicted to win around 270 seats and the Scottish National Party batting around 55-60 seats, Labour seemed to be home free. But…as we now know, things didn’t turn out that way. Labour ended up with 232 seats and the Conservatives swept back to power with an outright majority, after winning only a little more than a third ( 36.9%) of the votes cast.MORE >>
    Also.

  • NZ PM John Key - PM congratulates David Cameron after UK election
  • The Nation IV Transcript - Hack Attack author Nick Davies
  • Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
    More RSS  RSS
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news