Facebook Linkedin Youtube
Home Blog Page 1009

VisaAide Streamlines Accreditation Renewals

By
Live News
-
0

Source: Press Release Service

The Accredited Employer Work Visa (AEWV) scheme has greatly impacted how businesses in New Zealand operate, especially regarding the hiring of skilled migrant workers. Many employers are now questioning whether they should maintain their accreditation in the face of these changes. To help companies make informed decisions, VisaAide provides expert advice on accreditation renewals, crucial timelines, and how to successfully attract and retain migrant workers.
Accreditation is vital for any New Zealand business that frequently employs migrant workers or wishes to offer residency to their valued employees. Not renewing your accreditation means losing the ability to hire new AEWV employees or support current AEWV holders with further visa applications. Essentially, maintaining your accreditation is key to attracting and retaining skilled migrant employees.

The renewal process is streamlined by Immigration New Zealand (INZ) through the introduction of an online form for re-accreditation under the AEWV scheme. Depending on the type of business, accreditation lasts for either 24 months (standard accreditation) or 12 months (triangular). Key steps for a successful renewal include applying at the right time, selecting the correct type of accreditation, and providing the necessary evidence, such as financial statements and Inland Revenue Department (IRD) records.

Failure to meet INZ’s standards can lead to penalties, starting from a $1,000 fine per employee and even suspension of accreditation status. Employers must also comply with visa conditions and respond promptly to INZ’s information requests to avoid these penalties.

Deciding whether to renew requires careful consideration of your business objectives. If you don’t plan on hiring additional migrant workers or if your current workers don’t intend to apply for residency, then accreditation might not be necessary. Still, the decision not to renew can limit your workforce options.

VisaAide’s committed team of licensed immigration advisers offers professional advice and application management services. Our extensive experience in assisting employers through the complex immigration process of Accreditation Renewal ensures a robust case is presented to INZ, demonstrating your business’s ability to meet accreditation requirements.

Accreditation Renewal isn’t just an administrative task – it’s a strategic decision that can significantly influence your business operations and talent pool. With VisaAide by your side, this process becomes less daunting and more rewarding.

For more information, visit our website at: https://visaaide.co.nz/employer-accreditation-renewal/ or reach out to our expert team at info@visaaide.co.nz or call 0800 484 727.

Media Release 5 July 2024.

Related Posts:

MIL OSI

HVMS Secures Canadian Developed Hydrogen Diesel System for New Zealand Fleet Owners

By
Live News
-
0

Source: Press Release Service – New Zealand

HVMS, a leading provider in the decarbonisation of transportation, announces the establishment of its partnership with Canadian company Diesel Tech Industries, to establish installation facilities for the Guardian Hydrogen Diesel System. This initiative marks a significant step towards advancing sustainable solutions within the region’s heavy transportation sector.

HVMS, a privately held company under the leadership of Mark Irving, Richard Gatward & Scott Hale, an emerging force in New Zealand’s heavy vehicle industry. HVMS has developed a robust client base across Australasia, the Pacific Islands, Thailand, Singapore, and Malaysia.

“The establishment of HVMS’s installation facilities for the Guardian Hydrogen Diesel System in New Zealand marks a pivotal moment in advancing sustainable transportation solutions. Together, we are setting new standards in emissions reduction and environmental stewardship,” commented Rebecca Goldsack, COO of Diesel Tech Industries.

The Guardian Hydrogen Diesel System, developed by Diesel Tech Industries, is internationally recognised, and represents a cutting-edge dual-fuel technology designed to lower emissions and enhance operational efficiency in diesel-powered vehicles. HVMS will leverage its expertise in procurement, installation, and compliance to support New Zealand companies in transitioning to cleaner transport solutions through vehicle conversions and educational initiatives.

“Having the industry-leading Guardian Hydrogen Diesel System commercially available to our New Zealand and Australian customers is a game changer, allowing fleet owners to continue to utilise their existing diesel-powered assets whilst making solid steps towards decarbonisation. 100% hydrogen OEM vehicles are still some years away with respect to suitable supply and affordability, making the Guardian Hydrogen Diesel System a viable and prudent dual fuel product for today, helping cut diesel use and reduce emissions,” stated Mark Irving, BDM of HVMS.

“The concept of dual fuel appears to be resonating the best with heavy fleet owners. With hydrogen now commercially available since May 2024, the timely emergence of the DTI hybrid solution throughout New Zealand will be a gamechanger, offering affordable solutions for companies as they continue their important decarbonisation journey,” commented Scotty Hale, HVMS Director.

HVMS is poised to accelerate the adoption of the Guardian Hydrogen Diesel System through its comprehensive service offerings, encompassing installation, integration, and training. This partnership exemplifies HVMS’s dedication to driving meaningful change in the industry, reinforcing its position as a leader in sustainable heavy vehicle transport solutions.

About HVMS

HVMS, headquartered in Bay of Plenty, New Zealand, is committed to supporting companies in decarbonising their fleets through innovative solutions and extensive industry experience. As a subsidiary of East Coast Heavy Diesel Limited (ECHD), HVMS offers a wide range of services including procurement, installation, compliance, and training to facilitate the transition to sustainable transport technologies. For more information about HVMS and its initiatives, contact mark.irving@hvms.global

About Diesel Tech Industries

Diesel Tech Industries, based in Edmonton, Alberta, is a pioneer in transportation technology, specialising in innovative solutions for the trucking industry. The Guardian Hydrogen Diesel System represents their latest advancement, aimed at reducing emissions and enhancing operational efficiency in diesel vehicles through dual-fuel hydrogen blending technology. For more information about DTI and its initiatives, visit www.dtiguardian.com.

Media Release on 4 July 2024

Media Contact
Mark Irving, HVMS
+64 27 203 9927
mark.irving@hvms.global

MIL OSI

ParkingCupid.com Launches Live in Christchurch

By
Live News
-
0

Source: Press Release Service – New Zealand

Revolutionizing Parking in Christchurch

ParkingCupid.com is designed to connect drivers with available parking spaces, including driveways, garages, and parking lots. This platform not only benefits drivers searching for convenient and affordable parking options but also allows property owners to monetize their unused parking spaces. By bridging the gap between supply and demand, ParkingCupid.com aims to alleviate the common parking struggles faced by many in urban areas.

Daniel Battaglia, CEO of ParkingCupid.com, expressed his enthusiasm about the launch, stating, “We are excited to bring ParkingCupid.com to Christchurch, a city known for its vibrant community and bustling urban life. Our platform is set to revolutionize the parking experience for both drivers and property owners, offering a hassle-free and efficient solution to parking challenges.”

How ParkingCupid.com Works

ParkingCupid.com operates through a user-friendly interface that makes finding and booking parking spaces simple and straightforward. Here’s how it works:

Search for Parking: Drivers can easily search for available parking spaces in their desired location using the platform’s intuitive search feature. Filters allow users to specify their preferences, such as proximity, price, and type of parking space.

Book a Space: Once a suitable parking space is found, drivers can book it instantly through the platform. The booking process is quick and secure, ensuring a seamless experience.

Monetize Your Space: Property owners can list their available parking spaces on ParkingCupid.com, setting their own prices and availability. This provides a lucrative opportunity to earn passive income from unused spaces.

Enhanced Security: Both drivers and property owners benefit from ParkingCupid.com’s secure payment system and reliable customer support, ensuring a trustworthy and positive experience for all users.

Benefits for Christchurch

The introduction of ParkingCupid.com to Christchurch promises numerous benefits for the community:

Reduced Traffic Congestion: By providing a reliable platform for finding available parking, ParkingCupid.com can help reduce the time drivers spend searching for spots, thereby decreasing traffic congestion and contributing to a smoother flow of traffic in the city.

Economic Opportunities: Property owners can generate additional income by renting out their unused parking spaces, boosting the local economy and supporting the financial wellbeing of residents.

Environmental Impact: Efficient parking solutions can lead to reduced emissions from vehicles circling around in search of parking, contributing to a cleaner and greener Christchurch.

Community Engagement and Support

ParkingCupid.com is committed to engaging with the Christchurch community and supporting local initiatives. The platform plans to collaborate with local businesses, events, and organizations to create a positive impact and foster a sense of community involvement.

Daniel Battaglia added, “We believe in the power of community and are dedicated to supporting Christchurch’s growth and development. By providing a platform that simplifies parking, we hope to contribute to the overall convenience and quality of life for residents and visitors alike.”

About ParkingCupid.com

ParkingCupid.com is a pioneering online platform that connects drivers with available parking spaces, offering a convenient and efficient solution to parking challenges. Founded on the principles of innovation and community, ParkingCupid.com aims to transform the way people think about parking, making it easier for drivers to find spots and for property owners to monetize their spaces. With its user-friendly interface and commitment to security, ParkingCupid.com is poised to revolutionize parking in urban areas worldwide.

Media Release on 18 June 2024

Media Contact
Daniel Battaglia, Parking Cupid
daniel@parkingcupid.com
+61401370381
https://www.parkingcupid.com/rent-car-parking-spaces/nz/stl/christchurch

MIL OSI

Discover the Stunning Abel Tasman Track with Natural Encounters Walks

By
Live News
-
0

Source: Press Release Service

Natural Encounters Walks, New Zealand’s specialist walking tour company, has launched a new website dedicated to independent walking experiences on the spectacular Abel Tasman Track. For 16 years, Natural Encounters Walks has been crafting memorable multi-day hiking adventures on New Zealand’s Queen Charlotte Track. Now, the company is bringing its expertise and passion for sharing New Zealand’s great walks to the Abel Tasman National Park.

“The Abel Tasman Track is one of New Zealand’s Great Walks for good reason,” said Greg, Director of Natural Encounters Walks. “With its golden beaches, native forests, and granite cliffs plunging into the turquoise waters of the Tasman Sea, the Abel Tasman Coast Track is a hiker’s paradise. Having spent many years guiding guests and exploring the area I am really looking forward to making dreams turn into reality.”

Natural Encounters Walks can organize a range of guided and self-guided walking options along the Abel Tasman Track, including:

– 4 Day Guided Walk – A fully guided experience with accommodation and most meals included. Hike from Marahau to Anchorage and onto Totaranui with a local Kiwi guide.

– 3 to 4 Day Independent Walks – Walk from Marahau to Anchorage with pre-booked accommodation and water transfers. Enjoy the flexibility of walking at your own pace while we handle the logistics.

– Kayak & Walk Combo – For a unique perspective, kayak the first section from Kaiteriteri to Anchorage, then join a guided walk from Anchorage to Marahau.

– Custom Walks – Have a particular section of track or specific experience in mind? Natural Encounters Walks will customize a walk to suit your needs and timeframe.

In addition to spectacular scenery, the Abel Tasman Coast Track is home to native wildlife like the rare kakariki, weka, and fur seals. Accommodation options include secluded lodges, eco-friendly cabins and scenic campsites along the track.

To book your walking experience on New Zealand’s Abel Tasman Track, visit www.abeltasmantrack.co.nz or call +64212688879. Natural Encounters Walks looks forward to sharing the magic of the Abel Tasman with you.

Media Release on 11 June 2024

Media Contact

Natural Encounters Walks
Email: info@natural-encounters.com
Phone: +64212688879
Website: https://www.natural-encounters.com/

Related Posts:

MIL OSI

What Would it Take to Compete with Trademe?

By
Live News
-
0

Source: Press Release Service – New Zealand

TradeMe has long held a dominant position in New Zealand’s online marketplace, offering a platform where buyers and sellers can transact with ease. However, the rise of new technologies and evolving consumer preferences suggest that it is possible for a new competitor to challenge TradeMe’s dominance. But what exactly would it take to compete with such an established player? Here are six critical areas where a new entrant would need to focus.

1. Solving the Network Effect Problem
One of the most formidable challenges any new marketplace faces is the network effect. This effect means that the value of a service increases as more people use it. TradeMe has capitalised on this phenomenon for years, creating a robust ecosystem that continually attracts more users. To break into this market, a new platform must find a way to quickly build a critical mass of users.

Innovative approaches like offering early adopters significant incentives, such as discounts or exclusive deals, can help jumpstart user acquisition. Additionally, targeting niche markets initially, rather than trying to appeal to everyone at once, can help build a dedicated user base. By excelling in specific areas underserved by TradeMe, a new platform can gradually expand its reach and begin to leverage its own network effect.

2. Not a TradeMe 2.0
History has shown that simply replicating TradeMe’s features is not enough to succeed. Platforms like Wheedle, Ferrit, Sella, and Allgoods attempted to compete with TradeMe but ultimately failed. These platforms did not provide sufficient additional value to incentivise users to switch. Without offering a compelling reason for users to move away from an established platform, these services struggled to gain traction.

A new platform must differentiate itself by offering unique features or significant improvements over TradeMe. Whether it’s through innovative technology, superior user experience, lineal integration or distinct market focus, the key is to provide clear, tangible benefits that TradeMe does not offer. Understanding why these previous attempts failed is crucial to developing a strategy that avoids the same pitfalls.

3. Understanding the Needs of Buyers
Any new competitor must prioritise the buyer experience. Buyers are looking for a seamless, enjoyable shopping experience, and any new platform must exceed the expectations set by TradeMe. This starts with an intuitive, user-friendly interface that makes browsing and purchasing straightforward and enjoyable.

Security is paramount. Buyers need assurance that their transactions are safe and that their personal information is protected. A new platform should implement top-tier security measures, including secure payment gateways and comprehensive buyer protection policies. Additionally, a strong mobile presence is essential, as more consumers are using their smartphones to shop. A well-designed app can significantly enhance the shopping experience.

Personalisation is another key factor. Advanced search functionalities, personalised recommendations, and detailed product descriptions can help buyers find exactly what they want quickly. By leveraging data analytics to tailor the shopping experience to individual preferences, a new platform can create a more engaging and satisfying user experience.

4. Understanding the Needs of Sellers
Attracting sellers requires a focus on their profitability and ease of use. Sellers are primarily concerned with reaching a broad audience and minimising costs. Offering lower fees than TradeMe can be a compelling reason for sellers to switch to a new platform. Beyond financial incentives, providing comprehensive tools for managing listings, tracking sales, and analysing performance can make a significant difference.

Customer support is another crucial area. Sellers need reliable and responsive support to resolve issues quickly. Offering personalised support and resources can help sellers navigate the platform more efficiently. Moreover, allowing sellers to create customised store pages can help them build their brand and stand out in the marketplace.

Marketing support is also vital. By providing sellers with advertising options and promotional tools, a new platform can help them increase visibility and drive sales. Special features like bulk listing tools and automated inventory management can further streamline the selling process, making it more attractive for sellers to switch platforms.

5. Leveraging New Technologies
Incorporating cutting-edge technologies can provide a significant competitive advantage. Artificial Intelligence (AI) and Machine Learning (ML) can transform the user experience on a new platform. For instance, AI-powered recommendation engines can offer highly personalised shopping suggestions, while ML algorithms can improve search results by learning from user behavior over time.

APIs (Application Programming Interfaces) are another critical asset. By integrating with various APIs, a new platform can offer a range of enhanced services. For example, leveraging AI APIs can facilitate sophisticated chatbots for customer service, providing instant and accurate responses to user queries, thus improving customer satisfaction.

Open banking presents another opportunity. By integrating open banking APIs, a new platform can offer streamlined payment solutions, making transactions faster and more secure. This can also enable innovative financial services, such as instant credit assessments for buyers and sellers, thereby enhancing trust and convenience.

Moreover, blockchain technology can be utilised to ensure transparency and security in transactions. Smart contracts can automate processes such as payment releases upon successful delivery, reducing fraud and building trust among users.

6. Not Being Everything to Everyone
One of the most common mistakes new platforms make is trying to be everything to everyone. This approach can dilute focus and resources, leading to a mediocre offering across the board. Instead, a new entrant should identify its core strengths and focus on excelling in those areas.

Specialisation can be a powerful differentiator. Whether it’s focusing on household items, second hand goods, or a particular demographic, targeting specific niches can help a new platform build a strong reputation and loyal user base. By curating a selection of products that cater to particular buyer segments, a new platform can offer a unique value proposition that sets it apart from TradeMe to gain initial momentum.

Competing with TradeMe is no small feat. It requires a strategic approach that addresses the network effect, learns from past failures, understands and caters to the needs of both buyers and sellers, leverages new technologies, and maintains a clear focus on core strengths. With these strategies, a new platform can carve out its own space in the market and begin to challenge the dominance of TradeMe.

Find out more about how SellWise aim to disrupt this area at www.sellwise.nz

Media Release 6 June 2024.

Related Posts:

MIL OSI

New Identity for Glam Camping

By
Live News
-
0

Source: Press Release Service – New Zealand

Glam Camping At Castaways, one of New Zealand’s first couples glamping venues and one-of-a-kind premium conference, retreats and events venue, has changed its name to ‘Cliffside – Conferences, Retreats and Events’.

“The change comes after a desire to realign the business name and vision to its environment – offering memorable experiences by connecting people with the outdoors, in a luxury off-grid fashion”, says Jasmine Shine, owner of Cliffside.

A dream turned to reality for local sisters, Serena and Jasmine Shine, the two took ownership of the initial Glam Camping At Castaways business after Serena and father, Gavin, turned overgrown farmland in to the ornate, rustic oasis it is today.

“Still a family-run business, while our name may be changing, everything else remains the same – our location, our dedicated team, our luxurious experience, and our 5-star service”, explains Serena.

“This is a step forward for our company and a chance to reflect our name, with our unique and diverse Venue that is located on the cliffsides of Karioitahi beach in South West Auckland”, she says.

To celebrate their new identity, Cliffside is giving away a two-night glam camping experience (including the meal package, beer, wine and snacks) – an incredible giveaway valued at over $1,100!

Simply visit ‘@Cliffside Auckland’ on either Facebook or Instagram and visit their pinned rebrand post to follow the steps to enter.

The competition will be drawn on the 1st August 2024 at 5pm.

Media Release 6 June 2024.

Related Posts:

MIL OSI

Launch of Simon Lucas Mitsubishi Service Centre in Silverdale

By
Live News
-
0

Source: Press Release Service

Simon Lucas Mitsubishi Unveils its Advanced Service and Parts Centre in Silverdale
The name Simon Lucas has become synonymous with Mitsubishi’s expertise in Auckland. The dealership located in Wairau Valley on Auckland’s North Shore has set the benchmark for its award-winning service, expert knowledge, and genuine care for its customers both before and after the sales journey. As a result, they have grown a loyal fanbase – one that they are looking to extend with the announcement of the grand opening of its new Service and Parts Centre in Silverdale, located at 62 Forge Road. This state-of-the-art facility is set to open its doors on June 10, 2024, marking a significant milestone in the company’s commitment to providing unparalleled service and customer satisfaction.

Simon Lucas understands that a major part of great, sustainable customer service is convenience. This is why the new Simon Lucas Service and Parts Center is strategically situated just 1km away from the Silverdale motorway, Hibiscus Coast Park and Ride, and major thoroughfares – making it the perfect location for both new and existing Mitsubishi customers living in and around Silverdale and the wider northern Auckland area.

Customer-Centric Design and Advanced Technology
The new Service Centre embodies Simon Lucas Mitsubishi’s dedication to their stellar reputation for customer service and innovation. Designed with customer convenience in mind, the facility boasts a comfortable waiting lounge, late model courtesy vehicles, and is fitted out with the latest technology and equipment. This investment in advanced technology and facilities aims to save customers time and money, enhancing their overall vehicle ownership experience.

As they prepare to open the doors, Simon Lucas weighed in on the experience watching the pieces come together for their new service centre: “I’m super proud of the team for putting together what I feel is an award-winning service centre. It’s been a tremendous professional growth opportunity for everyone involved in this effort, and I’m so excited to provide our Hibiscus Coast customers with a truly state-of-the-art service centre in their neighbourhood.”

Award-Winning Service You Can Trust
Simon Lucas Mitsubishi’s Wairau Service Centre provided the perfect blueprint for the Silverdale Centre. The Wairau Centre has an undisputed track record for customer service, winner of the esteemed Diamond Rewards Programme, a national Mitsubishi after-sales award recognising the best Service and Parts departments within the network for an unprecedented two years running. The new Simon Lucas Mitsubishi Service and Parts Centre aims to replicate the same high standards of excellence that have earned the company unparalleled acclaim. The centre’s highly trained Mitsubishi specialists are committed to delivering an industry-leading service experience, underscored by the dealership’s recognition in the National Mitsubishi After-Sales Competition.

Local Benefits and Enhanced Ownership Experience
For the local community, the opening of this new centre means more than just convenience; it signifies a boost in the quality of automotive care available. With top-tier services provided in an aesthetically unmatched, welcoming, and comfortable environment, customers can experience that purchasing a vehicle from Simon Lucas Mitsubishi doesn’t end at the point of sale, it is an ongoing relationship that enhances vehicle ownership.

Experience, Reputation, and a Look to the Future
With 19 years of leadership under Simon Lucas and over 1,000 happy customer reviews on Google, Simon Lucas Mitsubishi’s reputation for quality and customer satisfaction precedes itself. The new facility will also serve as a showcase for the latest Mitsubishi models, available for test drives by appointment, highlighting the brand’s ongoing innovation and excellence in automotive engineering. Between the Silverdale Service Centre, the North Shore Dealership, and Simon Lucas’s “Demo to Your Door” service, getting behind the wheel of the latest Mitsubishi models is easier than ever.

“We’re not just celebrating the opening of a new service centre; we’re reaffirming our commitment to our customers and the community,” added Simon Lucas. “Our team’s dedication to creating a premier service facility is a testament to our promise to deliver only the best. We’re looking forward to continuing to serve the Hibiscus Coast area with the same level of passion and excellence that Simon Lucas Mitsubishi is known for.”

For service bookings, further enquiries, or to book a test drive at our new location, please visit our website Simon Lucas Mitsubishi Silverdale Service Centre.

So mark your calendar for 10 June 2024 as Simon Lucas Mitsubishi usher in a new era of automotive service excellence for the Hibiscus Coast. Welcome to the future – welcome to Simon Lucas Mitsubishi’s new Service and Parts Centre in Silverdale.

About Simon Lucas Mitsubishi
Simon Lucas Mitsubishi is one of the premier Mitsubishi dealerships in New Zealand, renowned for its award-winning customer service and commitment to quality. With a history of serving the Auckland community for over two decades, Simon Lucas Mitsubishi continues to lead with innovation, excellence, and a genuine passion for enhancing the vehicle ownership experience for its customers. They’ve built a loyal customer base on the North Shore in part due to their expert knowledge on Mitsubishi’s latest offerings coupled with their helpful and honest approach to customer care – from finance options to after-sales care, Simon Lucas Mitsubishi truly cares about their customers. If you’re looking to experience this award-winning customer service for yourself, get in contact with Simon Lucas Mitsubishi today.

Media Release 29 May 2024

Media Contact
Simon Lucas, Simon Lucas Mitsubishi
slucas@simonlucas.co.nz
0800 001 106
https://simonlucas.co.nz/service/silverdale

Related Posts:

MIL OSI

Key Founders and Personnel Depart Sportsflare to Launch Generative AI App Idyllic

By
Live News
-
0

Source: Press Release Service

In an exciting development within the New Zealand tech industry, three of the founding members of Sportsflare—Max Polaczuk, Chris Herrmann, and Trevor Cavill—along with key personnel Tony Zhang, Jeremy Baron, Matt Cavill, and Reuben Horne, have officially departed from the company to establish a new venture: Idyllic. Following Sportsflare’s acquisition by Entain, these visionary leaders have embarked on a new journey to revolutionize content creation with a new AI generator app.

Introducing Idyllic
Idyllic, based in Wellington, New Zealand, aims to democratise the creation of generative AI content, making it accessible and enjoyable for everyone. At its core, Idyllic’s mission is to empower individuals to produce faster and better content using AI, thus accelerating and enhancing the world’s creative output. The founders believe that the future of content creation lies in the hands of ordinary people, and Idyllic is dedicated to making that journey seamless and inspiring.

Unique Value Proposition
In a market becoming saturated with AI tools, Idyllic sets itself apart through exceptional user experience and innovative product design. The Idyllic App features an AI image generator that is remarkably user-friendly, designed to cater to individuals without technical backgrounds. This ensures that anyone can effortlessly delve into the world of AI-generated art.

But Idyllic’s innovation doesn’t stop at content creation. The app offers a seamless community exploration experience, allowing users to browse and draw inspiration from the stunning content generated by a vibrant community. A dynamic recommendation system evolves in real-time, delivering increasingly personalised content to enrich users’ creative journeys every time they interact with the app.

Founders’ Vision
Max Polaczuk, Chris Herrmann, and Trevor Cavill, along with Tony Zhang, Jeremy Baron, and Reuben Horne, bring a wealth of experience from their time at Sportsflare, a B2B provider of esports odds for sportsbooks. Under their leadership, Sportsflare developed cutting-edge AI and data solutions that significantly improved the betting experience for esports fans. This innovative spirit and technological expertise are now being channeled into Idyllic.

“At Idyllic, we believe that creativity should be accessible to everyone,” said Max Polaczuk, co-founder of Idyllic. “Our mission is to remove the barriers to content creation, enabling people from all walks of life to express themselves and explore their creative potential with the help of AI.”

Background on Sportsflare
Sportsflare, recently acquired by Entain for CA$13.2 million, has been a pioneer in the esports betting industry. The company developed advanced AI and data solutions, creating engaging and dynamic betting markets for esports. This includes a unique bet builder, micro-markets, and a solution for gamers to bet on their own performance. The acquisition by Entain aims to enhance its betting product offerings, optimized specifically for esports.

Looking Forward
With the launch of Idyllic, Polaczuk, Herrmann, Cavill, and their team are poised to make significant strides in the AI content creation space. Their new venture promises to transform how people create and interact with digital content, fostering a more inclusive and innovative creative community.

For more information about Idyllic and to explore the possibilities of AI-driven content creation, visit https://idyllic.app.

Media Release 29 May 2024.

Related Posts:

MIL OSI

Darryl Carey announced as NZIA Fellow

By
Live News
-
0

Source: Press Release Service – Christchurch

Darryl Carey, Registered Architect and Senior Principal at Chow:Hill, and Founder of the New Zealand Health Design Council, has been announced as a Fellow of TeKāhui Whaihanga NZ Institute of Architects.

Darryl has, and continues to, contribute hugely to the New Zealand health design sector, fostering collegiality, sharing knowledge, and facilitating cohesive project team environments. His powerful design intelligence has seen him lead the design of some of New Zealand’s most complex healthcare facilities, most notably Christchurch Hospital Waipapa.

Committed to improving health design, both in New Zealand and abroad, Darryl is regularly asked to share his insight and expertise at industry conferences. His passion for the betterment of New Zealand’s health design industry will benefit all New Zealanders.

Media Release 24 May 2024.

Related Posts:

MIL OSI

Rising insolvencies signal ongoing economic struggle for NZ businesses

By
Live News
-
0

Source: Press Release Service – New Zealand

Latest insolvency figures reveal NZ businesses are continuing to feel the economic strain, with most sectors seeing year-on-year increases in business failures.

BWA Insolvency’s Quarterly Market Report for the period January to March 2024 shows a 10% rise in insolvencies compared to last quarter and a 28% increase year-on-year.

There were 553 insolvency cases reported in Q1 2024, up from 432 in the same period last year and up from 501 in Q4 2023. While the signs point towards increased hardship for the country’s businesses, the report’s author urges observers not to jump to conclusions based on these figures alone.

“While the 28% yearly increase in insolvencies appears significant, a closer comparison reveals only a 2% increase from the third quarter of 2023,” says BWA Insolvency principal Bryan Williams. “It is important to look at the overall picture.”

A notable spike in the data is in voluntary administrations (VAs), which have surged by 317% this quarter compared with the same period last year, increasing from six to 25.

“This can be interpreted as good news,” Williams explains. “It suggests that more insolvency practitioners are being consulted by directors at a stage where the business may still be salvageable, offering them a chance to explore various options beyond immediate liquidation.”

Williams is anticipating a steady increase in insolvency inquiries into the second quarter as current inflation levels and cautious consumer spending persist.

“Times are tough. International geopolitical events, uncertainty in the U.S., and the prospect of borderless currencies are forcing governments to be cautious. New Zealand’s small economy is heavily linked with our trade partners, and this, in turn, affects our stability significantly.”

“There is often a significant latency in insolvencies following economic downturns, as it takes time for the adverse financial climate to fully impact business closures.”

Business insolvency trends have shown varied movements across sectors compared to the previous quarter (Q4 2023) and the same quarter last year (Q1 2023). In the construction sector, there was a 4% decrease in insolvencies from 131 to 126 this quarter, yet a 10% increase from 115 last year. Retail sector insolvencies decreased by 6% from 33 to 31 this quarter and 9% over the past year. In contrast, business services reported a sharp increase, with insolvencies climbing by 52% from 48 to 73 this quarter and 66% from 44 the previous year.

The transport and delivery sector experienced a significant rise in business failures this quarter, up by 127% from 11 last quarter and 79% from 14 the previous year, reaching 25.

“As the economy contracts, it naturally impacts service providers. Reduced consumer spending means less demand for transporting goods, leading to more downtime for transport businesses where they aren’t earning but still incurring costs. Coupling this with rising interest rates on debts, it’s evident why many companies in this sector are struggling with insolvency.”

Williams expects the outlook to remain sombre across all sectors as consumer spending tightens further.

“In addition to the economic and market challenges, seasonal factors come into play. As we head into winter, business naturally subsides, compounding the stress already placed on weakened balance sheets from the pandemic,” explained Williams.

“The construction sector is particularly vulnerable as costs rise and budgets are strained. The full impact of these increases will soon become evident, particularly painful for many as projects end and bills come due.”

“The sky is not going to fall in, but it is going to get chilly. A day of reckoning is on its way for companies not compliant with their obligations, as patience wanes and enforcement tightens.”

“Businesses are urged to brace for challenging times ahead and consider early interventions to manage financial health.”

See the BWA Insolvency Quarterly Market Report here.

About BWA Insolvency

BWA Insolvency is a leading insolvency firm that supports New Zealand businesses through liquidations, receiverships and voluntary administrations (VA), specialising in VA in particular.

Founder Bryan Williams has 30 years’ experience in the industry and has recently become just the second person in New Zealand and one of 200 people worldwide to be named a Fellow of global insolvency organisation Insol International.

MIL OSI

1...1,0081,0091,010...1,046Page 1,009 of 1,046
© Copyright 2024 - LiveNews.co.nz a Multimedia Investments Ltd site