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


Westpac NZ Announced As Premier Partner Of APEC 2021 CEO Summit

Westpac NZ has been unveiled as a major supporter of Asia-Pacific Economic Cooperation (APEC) 2021, at a launch event in Auckland on Thursday evening.

The bank will be a Premier Partner of the APEC 21 CEO Summit, a two-day event in November bringing together CEOs from some of the region’s biggest and most influential organisations.

APEC 2021 will feature 21 countries representing nearly 40% of the world’s population and 60% of global GDP to discuss improving prosperity in the Asia-Pacific region through sustainable economic growth. The Forum was last held in New Zealand in 1999.

Westpac NZ General Manager of Institutional and Business Banking Simon Power says the bank is delighted to be part of a once-in-a-generation event. Mr Power steps into the role of Acting CEO from 25 June, subject to Reserve Bank of New Zealand approval.

“Given the global events of the past 15 months, there’s probably never been a more important international gathering on our shores than APEC 2021,” Mr Power says.

“A quarter of New Zealanders are employed in the export economy, so the actions taken at APEC will have wide-ranging implications for how we navigate our way beyond the COVID-19 pandemic.

“We’re a staunch supporter of Kiwi businesses from corner stores to big corporates. Our involvement with the CEO Summit will ensure their interests are being represented in discussions that will help shape economic and trade policy in the coming years.”

Westpac will host a LIVE with Business event in August that focuses on building a framework for indigenous inclusion that meets the needs of indigenous communities.

“A key focus for us is finding new ways of doing business that benefit everyone in the global supply chain equally and ensure no groups are left behind,” Mr Power says.

This year’s CEO summit will be a hybrid in-person and online event, catering to business leaders who are unable to travel here due to COVID-19 restrictions. It will take place on November 11 and 12.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Air New Zealand: Employees Recognised With $1,000 Share Award

The efforts Air New Zealand employees made during one of the airline’s toughest years will be recognised via an award of $1,000 worth of company shares to all permanent employees... More>>

Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Federated Farmers: Applauds UK-Australia Free Trade Deal

News that Australia and the UK have signed a free trade agreement is a promising step forward in the fight against tariffs and protectionism, Federated Farmers says.
"It reinforces the international rules-based trading framework and is important for rural producers and global consumers," Feds President Andrew Hoggard says... More>>

ASB: New Zealanders Missing Out On Hundreds Of Millions In KiwiSaver Government Contributions

New Zealanders have just over a week to ensure they’re eligible for the maximum annual government KiwiSaver contribution... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>

Reserve Bank: Debt Serviceability Restrictions Added To Policy Toolkit

The Reserve Bank – Te Pūtea Matua and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available... More>>