U.S. seminar to target investors

Press, 1 September 1989, Page 42

U.S. seminar to target investors

JOHN HUTCHISON

By

in San Francisco An unusual combination of New Zealand and Australian Governmeht agencies and private law firms will present a seminar in San Francisco in October to attrct American investors. Two leading law firms — one from New Zealand and one from Australia — are taking aim at top-level attorneys, bankers, accountants, investment advisers and potential investors on the American West Coast. The legal firms are Rudd, Watts and Stone, which practises in Auckland, Wellington and New Plymouth, and Minter Ellison, Sydneybased solicitors with offices or associates in New Zealand, London, Singapore and Peking. Representing Rudd, Watts and Stone will be Mr William Patterson, who was engaged in a more limited but simiar seminar last January in Los Angeles on behalf of New Zealand investment opportunities. He will discuss foreign investment policies and taxation con-

siderations in New Zeland and Australia. Mr Leigh Brown, of Minter Ellison, will talk on the potential of the two countries as a single market, and examine their stock exchanges, securities codes, finance, and trade regulations. Mr Paul Norling, the president of New Zealand’s Bancorp Holdings, Ltd, will deliver an overview of the economies of New Zealand and Australia and discuss tourism investment opportunities. Mr Bruce Connor, an Australian who is president of Wright Schuchart, a Fletcher Challenge venture which has recently assembled several large construction companies, will review the building industry in Australia and New Zealand. Mr Robin Davidson, the New Zealand trade commissioner whose office is arranging and publicising the meeting, believed it will be the first in the United States in which New Zealand and Australia have joined in such an ambitious investmentrecruiting project.