Shock of the new: government moves to stem Asian influx

Article Abstract:

New Zealand is changing an immigration policy that encouraged Asian immigrants but may have also fueled growing racial tension. The new policy, announced July 20, 1995, will require immigrants to take a basic English- comprehension test, denying entry or charging a fee to those who fail it. New immigrants will also have to show a committment to New Zealand, perhaps through significant direct investment, and live in the nation long enough in two consecutive years to pay taxes. Country quotas are also in the works.

Political aspects, Emigration and immigration

---

For cash and country

Article Abstract:

An offer by Rupert Murdoch this year triggered the professionalization of rugby union in New Zealand, but such a change was already in the wind. Rugby union, as opposed to rugby league, has long prided itself on the amateur status of even star players, though even in the 1950s many got payed time off for games and practice. A $545 million offer by Murdoch for tv rights to a new world rugby series offered the Intl Rugby Board a way to stem the flight of top players to rugby league.

Sports Teams and Clubs, Sports clubs, managers, & promoters, Professional Sports, Social aspects, Rugby football

---

Slimmer yet

Article Abstract:

Fletcher Challenge is the second-largest natural resources company in New Zealand. Huge debts and a fall in share prices forced the company to announce plans to cut its assets by as much as US$1.9 billion. The plan to shed some of its assets is a complete shift from past company pronouncements that it will keep full control over its subsidiaries. Cash badly-needed by the company will be raise through either full or partial divestment of assets.

Conglomerate corporations, Mergers, acquisitions and divestments, Corporations, Fletcher Challenge Ltd., Corporations, New Zealand

Similar abstracts:

• Abstracts: Playing the bandh game: government uses strikes as political weapon. Toothless tiger? Animal protection accord a coup for China
• Abstracts: Double features. Ahead of the neighbours: new Sri Lankan government says reforms will continue. Iron rations: armed forces face lean times as money runs short
• Abstracts: Realm of the peer: Hongkong's last taipan sets an agenda for the future. No frills, please
• Abstracts: The monetary system; the demand for money. Government debt, money and interest rates. The regulation of financial activity
• Abstracts: Opening moves. Too close for comfort. Dream on: North Korea hopes in vain for foreign capital

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.