While some people in Wellington are pushing for Government and council assistance to pay for an extension to the capital city's airport runway, officials crunching the numbers say the business case does not stack up. The idea is that a longer runway will open up Wellington to bigger planes, and new airlines will be beating a path to the capital in no time - a real case of "if we build it, they will come". The plan's backers are keeping quiet about Air New Zealand cutting some transtasman flights because of lack of demand. Wellington does not have the appeal to draw lots more inbound tourists, like Auckland and Christchurch, or the population to produce a growing number of outbound passengers.
TPP reality check
Despite all the brave spin about the Trans-Pacific Partnership trade talks after the Apec meeting, diplomats say the deal is not even close to being done. "Politicians setting a deadline does not make things happen," one told the Insider. Trade and political realities are making the megadeal seem as far away as ever, and some observers are now wishing the political and diplomatic capital had been expended on a more achievable goal than the "trade deal to end all trade deals". Which is perhaps why new Australian PM Tony Abbott is making stalled trade talks with China a priority. The poor old Aussies started talks with Beijing before New Zealand, in 2005, but unlike us, still have nothing to show for it, in part because of Australian rules on foreign investment. Similar trade talks with Korea and Japan have also been stalled. Abbott's move to revive them signals that he is not banking on the TPP talks succeeding.
Dotcom's pitch
Orcon's decision to cash in on Kim Dotcom's proven attention-grabbing capacity by using him in its latest ads has ruffled a few feathers in the business community. While some shrug it off as tongue-in-cheek, some businesses think Orcon's move to associate itself with Dotcom is risky at best, and at worst a fairly embarrassing ploy to denigrate their own industry as below "first world" standard. One said he couldn't imagine a niche player in New Zealand's dairy industry publicly describing the entire sector as third-world to try selling more product. Said another: "When Silicon Valley watches Team New Zealand they think innovation. When Silicon Valley watches Kim Dotcom's Orcon ads they think 'why would I invest there?"'