News and Articles
Cashflow Finance and Invoice Discounting
29/7/19 Last week, Business Remedies had the pleasure of representing Lock Finance at the annual conference of the Institute of Certified NZ Bookkeepers held at the Chateau on the Park, Christchurch.
Amongst the speakers was Hon. Stuart Nash, Minister for Small Business. He spoke about the cash flow difficulties small businesses face with slow payers and confirmed that the government is moving towards a much quicker payment system internally. He was aware that the government itself, and allied government businesses, are themselves too slow to pay. A first step at least!
If you have a problem with slow payers or know a business that does, then get in touch and we'll see how we can help.
Mediation & Advocacy
12/11/19 AMINZ Executive Director, Sue Wells, on the need for the Farm Debt Mediation Bill: https://www.stuff.co.nz/national/politics/117324421/farm-debt-mediation-law-needed-as-financial-pressure-on-rural-sector-likely-to-get-worse
14/10/19 Last week completed the Mediation Skills Intensive Course conducted by Bruce Cottrill of AMINZ. A great course involving some great theory and practise including plenty of role-playing. Will be invaluable for the future.
An enlightening couple of days in attendance at the 2019 Arbitrators’ and Mediators’ Institute of New Zealand (AMINZ) Conference held at Rydges Hotel, Christchurch. Had the pleasure of meeting some very talented and supportive individuals and learning a good deal about the current landscape in Alternative Dispute Resolution practices.
Photos include an address from Hon Sir Ian Barker QC on his election as a lifetime member of the Institute and a session on the Farm Debt Mediation Bill presented by representatives of the Ministry for Primary Industries.
Other highlights included a “Live from Washington” session with Ken Feinberg (Google him, he has one seriously impressive CV!) and an insightful, and at times amusing, panel session on the great Christchurch Anglican Cathedral debate including Jeremy Johnson, Miriam Dean CNZM QC and Hon Philip Burdon.
Thanks to all for making the event valuable and memorable.
Farm Debt Mediation Bill
Submissions Close Weds, 7/8/19: https://www.parliament.nz/en/pb/sc/make-a-submission/document/52SCPP_SCF_BILL_89332/farm-debt-mediation-bill-no-2
Ministry for Primary Industries: https://www.mpi.govt.nz/law-and-policy/legislation/farm-debt-mediation-bill
Bank Capital Requirements
16/12/19 A good article on the recent RBNZ Decision on increasing Bank Capital: https://www.interest.co.nz/banking/102858/final-decisions-rbnz-capital-review-still-require-20b-increase-banks-composition
3/7/19 Finance Minister Grant Robertson pleads for 'mature debate' amid war over bank capital https://www.stuff.co.nz/business/113967102/finance-minister-grant-robertson-pleads-for-mature-debate-amid-war-over-bank-capital
April 2019 Bank Capital Changes will Cost Ecomomy, ASB warns: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12222877
February 2019 The Deputy Reserve Bank Governor - Presentation to Victoria University on the importance of Bank Capital (Slideshow) https://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Speeches/2019/Safer-Banks-for-Greater-Wellbeing-slides.pdf?la=en&revision=6b8116f7-5052-4d96-8961-0ced6b0591a7
September 2008 The Global Sub-Prime Mortgages Financial Crisis 2008 explained (cartoon without sound): https://www.youtube.com/watch?reload=9&v=EsA9lR2XB3A
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