Newzealand overview

1. New Zealand
Aotearoa
Developed by :
Devendra Chhallani

2. Geography
NORTH ISLAND AND SOUTH ISLAND
Total area: 268,680 sq km
Land area: 267,707 sq km
Coast line: 15,134 km
It has no land borders.
Capital: Wellington (1390 sq km area, 393,400
population)
Population: 44,05,200
Largest city: Auckland (4,894 sq km area,
1,486,000 population)

3. Monetory
•Monetary unit: New Zealand dollar
Currency values
Coins have values of 10, 20 and 50 cents, $1 and $2.
Notes have values of $5, $10, $20, $50 and $100.
•Natural resources: coal, gold, hydropower, iron ore, limestone, natural
gas, sand and timber
•Climate is mostly cool temperate to warm temperate. Mean temperatures range
from 8 °C in the South Island to 16 °C in the North Island.

4. Culture Name
New Zealander
Alternative Name
Kiwi
Language
English
Māori,
New Zealand Sign Language

5. Religion
Anglican, 22
Presbyterian,
16
Roman
Catholic, 15
Others, 26
Non-religious ,
21
Ethnicity
European 73%
Native Maori 12%
Polynesian 4%
Other 11%

6. Maori Culture (Taonga)
The Maori are the indigenous people of New Zealand and
main attraction for tourists.

7. Maori cultural
• Dancing , singing

8. Food
Lamb
Kumara(sweet potato)
Beet root (red beets)
Shell fish
Kiwi fruit

9. Dairy Production
 NZ is largest cow milk exporter.
 The dairy cattle are 6.2 million.
 65 % milk production is from north island.
North island : Northland, Auckland and Bay of Plenty regions
South island : Canterbury, Otago and Southland
 NZ produces about 2% of total world milk production at around 16
billion tons per annum but 95% of it's dairy produce is exported
rather than consumed by the domestic market

10. POLITICS
* *Independent : 26th October -1835
*1st NZ parliament : 1854
*50th NZ parliament : Dec. 2011 – Dec.2014
*Head of State : the Sovereign, Queen
Elizabeth II of New Zealand. Sir Jeremiah
Mateparae , The Governor-General is the
Queen’s representative in New Zealand.
* Prime Minister : John Phillip Key
*Office of the Speaker : Lockwood smeeth
The position is 3rd most important in New
Zealand, after the Governor-General and
the Prime Minister.

11. *The Parliament was elected using the
Mixed member proportional (MMP)
voting system.
*120 seats in NZ parliament.
*Election process is done every three year.
*19 registered political parties
National party (john Philip key)
Labor party (Phil Goff)
Green party (Russell Norman)
Maori party (tariana turia)
Kiwi party
New Zealand Pacific Party.

12. *There are The Supreme Court, Court of Appeal , High Court ,
District Court , Family Court , Youth Court , Environment Court ,
Employment Court , Maori Land Court in new Zealand.
*New Zealand has sneaked ahead
of Denmark and Sweden as the
least corrupt country in the world.
LEGISLATION REGULATION
FAIR TRADING ACT 1986
CONSUMER GUARANTEES ACT 1993
SECURITIES MARKETS ACT 1988
RESOURCE MANAGEMENT ACT 1991
COMMERCE ACT 1986

13. *Open market economy
*The treasury
*Population : 44,41,978
*GDP (NZ$ million) : 1,38,351
*Per capita income (NZ$) : 31,339
*Inflation rate : 1 %
*Unemployment rate : 6.8 %
*Life Expectancy (Year) : Male 78.8
Female 82.7
*Literacy rate : 99%

14. International trade
*Dependent on International trade.
*Australia is a first biggest trade partner of New Zealand
in closer economic relationship.
*China is the second biggest external trade partner and
are in a new Zealand china free trade agreement..
*Its principal export industries are,
Agriculture
Horticulture
Fishing
Forestry

15. • Primary Industries :
7.6% of GDP and contributes over 50% of NewZealand’s total export earnings.
It involves Agriculture & Horticulture, Forestry, Fishing, Natural gases, Oil, Coal,
Electricity etc.
• Manufacturing Industry :
12.2 % of GDP.
It involves aviation, clean technology, defense, heavy and light
engineering, marine, plastics, composites and metals -as well as other
industries.
• Service Industries :
Service Industries contribute 71% of the GDP.
It involves Infrastructure, Transport, Shipping, Railway, Tourism, Communication,
Civil aviation etc.

16. EXPORT OF TOP COMMODITIES
Commodity
NZ$ millions
(year end 31-jul-2012)
Milk powder, butter and cheese 11,889
Meat and edible offal 5,140
Logs, wood and wood articles 3,069
Crude oil 1,980
Mechanical machinery and equipment 1,837
Fruit 1,613
Fish, crustaceans and molluscs 1,373
Wine 1,181
Casein and Caseinates 879
Wool 769
Optical, medical, and measuring equipment 638

17. NEW ZEALAND HEALTH SYSTEM
.
• Fully public system to a mixed public-private system for
delivering healthcare.
Structure of New Zealand Health system
• The Ministry of Health
• Twenty District Health Boards (DHBs).
• The boards for each DHB are elected in elections
held every three years.
• The DHBs oversee the forty six Primary Health
Organizations established throughout the country.

18. New zealand : A Business
 Least Corrupted Country
 Ranked 2nd in list of best countries for
doing business
 Grant Thornton index : NZ is the
11th best country in the world for supporting
and doing business.
Destination

19. Business Environment
Goods trade between New Zealand and India is valued at over NZ$1.302 billion
Imports from India were valued at NZ$371.4 million.
Member of several major international organisations including the
i) World Trade Organisation (WTO),
ii) Asia Pacific Economic Co-operation (APEC) and
iii) Economic Co-operation and Development (OECD).

20. Foreign Investment Flows
Foreign Investment Policy
No restrictions on the movement of funds into or out of New
Zealand, or on repatriation of profits.
The three main ways in which overseas investment can
be undertaken in New Zealand are:
i) Establishing or purchasing a local company
ii) Registering a branch of an overseas company; or
iii) Establishing a joint venture or partnership.

21. Overseas Investment Commission consent is required for
foreign investment in any of the following categories:
Total expenditure to be incurred in setting up the business
exceeds NZ $50 Million
Acquisition or control of 25% or more in a company value
of those shares exceeds NZ $50 million.
COMMERCIAL PROPERTIES
RESIDENTIAL PROPERTIES
FINANCIAL INSTITUTIONS

22. The Treaty Network
New Zealand has entered into Double Tax Agreements (DTAs) with 28
trading partners such as
Australia India USA
United Kingdom Finland Ireland
Canada France Italy
China Germany Japan
Denmark Malaysia Netherlands
Norway Korea Russia
Philippines South Africa Sweden
Singapore Switzerland Taiwan
Thailand Fiji

23. Tax Framework in New Zealand
*NZ$0 to NZ$38,000 19.5%
*NZ$38,001 to NZ$60,000 33%
*NZ$60,001 or more 39%
New Zealand corporate tax rate is 28%
Tax is payable in three instalments if a company's residual income exceeds $2,500
per annum.
Trustee income is taxed at the flat rate of 33%.’
 No CAPITAL GAINS TAX
GST Registration – Registration is compulsory for businesses whose annual turnover
exceeds NZD 60,000.
The standard rate of Goods and Services Tax (GST) in New Zealand is 15%.

24. *
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