PM announces appointment to ABAC

2 Comments
21 January 2009
PM announces appointment to ABAC

The Prime Minister has appointed Gary Judd QC to the APEC Business Advisory Council of New Zealand.

Mr Judd is a senior lawyer, Chairman of ASB Group (ASB Bank and Sovereign Assurance), and Chairman of Ports of Auckland Ltd.

"Mr Judd's valuable experience as a businessman and his extensive legal background will make him an active and effective contributor to ABAC's work."

The APEC Business Advisory Council is a network of business representatives in each of the 21 APEC economies that meet four times each year to develop business perspectives on the issues being discussed among APEC economies.

ABAC provides a separate process for raising policy issues and offering private sector advice on trade and economic liberalisation efforts within the Asia Pacific region.

"When I was at the APEC Leaders' Summit in Lima, Peru in November I took part in the APEC Leaders' Dialogue with ABAC and addressed the CEO Summit hosted by ABAC. New Zealand will host ABAC's first meeting of 2009 next month in Wellington."

Mr Judd joins existing New Zealand ABAC representatives Tony Nowell, Company Director, and John Blackham, CEO of software company XSol.

His appointment is for three years.

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#1 - Rick McKinley 2009-01-21 11:51 - (Reply)

I wonder what the new National Govt might do to sort out the unfair Relationship Property Act. Please see following letter... From Rick McKinley, [Admin: contact details edited out] Splitting up is expensive Marriage breakups are painful enough without the grossly unfair Relationship Property Act which has complicated settlement of matrimonial property, particularly for second marriages where two properties are often involved. Since being amended in 2002 by the Labour government, the Act states that the matrimonial home where the couple lived, my house in this case, is split 50-50. No surprises there. However, property owned by my ex wife and purchased before we married is called 'Separate Property'. This means that she can claim half the value of my house, yet I can't touch hers - or the rent she earned over the twelve years we were together. I can't think of a scenario where this could be fair and I am yet to talk to anyone who realises this, except my lawyer. Nearly three years of legalities to interpret the complexities of the Act have cost a small fortune in lawyer fees. The message clearly is that family trusts and pre-nups are a must while this law prevails. Rick McKinley, Castor Bay.

#1.1 - Ross Calverley 2009-02-02 21:41 - (Reply)

It does seem rather unfair. To the original post, I hope this is a sign of greater Private involvement to help New Zealand in this time of recession.

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