The Reserve Bank has decreed that Don Brash's next monetary policy statement will be broadcast live on Sky TV "to make the nuances connected with the release ... immediately available to financial market participants and others with an interest in the details of these announcements."
Translation: analysis of facts and figures
could be superseded by a close look at beads of sweat and height of eyebrows in judging the economy's outlook.
The Biz notes that the markets were quick to pass judgment on the Good Doctor's new tele show. Surely it was no coincidence that the day plans for this riveting broadcast was unveiled, Sky TV shares fell more than 2 per cent.
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Simply astounding: the number of corporates and other notaries not conversant with the blind copy (Bcc:) function of their e-mail. A recent message from ASB Bank chairman Gary Judd, QC, provided hours of entertainment at The Biz as we ploughed through an unwieldy, but highly enlightening, list of people on Judd's recipient list. Of note: Roger Kerr, (Sir) Roger Douglas, Rodney Hide, Ralph Norris, Muriel Newman, Jihong Lu, Gareth Morgan, Act Panel Poll, Act Epsom and Act@parliament. Interesting to see members of the legal profession taking an interest in the right things.
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The upcoming Mi Corporate Tri - formerly the Fay, Richwhite Corporate Triathlon series - has attracted 500-plus corporate teams who will swim 500m, cycle 15km and complete a 5km run, says PR consultant Deborah Pead. Carter Holt Harvey takes the prize for the most entries with 27. But it is the names of the teams entered that have caused some mirth for organisers. JB Were will front with "Were Bulls" and "Were Bears;" Kelloggs has "Cereal Killers" and Mac Marketing will compete with "Big Mac, Thickshake and Fries." On a more unoriginal note, there are over 50 teams with the name "Try Hards." But the biggest raspberry has to go to this paper's team, which will stride it out with the rip-roaring moniker "Business Herald" - hoping, no doubt, to beat at least three teams of public relations "spinsters."
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He was the deep throat behind the Paul Hyslop affair; he was the deep pockets behind the attempt to rename part of Auckland the American Express Harbour Village; now he is deep in thought at the country's newest business paper. Mark Reynolds is returning to the fourth estate, becoming deputy editor of Tim Connell's Business Times. The Times is owned by Wilson Neill, the same company from which Mr Hyslop resigned last year, after Mr Reynolds and the Business Herald unmasked his role in the Fletcher Challenge insider trading affair.
The Reserve Bank has decreed that Don Brash's next monetary policy statement will be broadcast live on Sky TV "to make the nuances connected with the release ... immediately available to financial market participants and others with an interest in the details of these announcements."
Translation: analysis of facts and figures
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