Upcoming events, buy your tickets to the InvinciBall, tax news & job opportunities.

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Newsletter 13 June 2024
Kia Ora,

Lots to read in this week's newsletter, so I'll keep my words short.

Two weeks down and more than half of the tickets for the ball have been sold. Gather your friends, get your tickets, and get ready for a great night out! Don’t worry if you want to come alone; we’re such a great and welcoming community that we’ll be sure to set you up with a fun group of people. We’re all about connecting here at the Chamber!

Speaking of connection, we’re joining forces with the Irish and Canadian Chambers at our next networking drinks at Chamber favorite, The Exchange. Register now to save your spot and for your chance to win some great lucky door prizes!

We’d also like to congratulate Chamber member Andy Sceats, winner of our monthly member draw. Thanks to Winestone at Mercure on Stevens, he will enjoy a fabulous taste of home as they serve up some great Kiwi food at their Aus and Kiwi-themed restaurant.

Regards,
Tahsha Pratt

Executive Director
New Zealand Chamber of Commerce, Singapore
 
Chamber News
Hon Judith Collins KC visits Singapore
Hon Judith Collins KC visits Singapore
New Zealand Minister for Science, Innovation and Technology, Digitising Government and Space, Hon Judith Collins KC, has had a fruitful few days in Singapore attending the Asia Tech x Summit.

Here are some of the highlights:
  • Meeting with Singapore’s Minister for Communications and Information, Josephine Teo, with discussion focusing on AI for good and the ethical use of AI for the benefits of citizens.
  • Visiting AISingapore to discuss Singapore’s progress and commitment in utilising AI for the benefits Singaporeans whilst providing services to neighbouring countries and bringing public services to the fore.
  • Asia TechX Singapore Summit discussions with Minister Teo and the Forum of Small States’ Ministers, focusing on digital connectivity, upskilling, AI and tech for good. A great reminder of the power of small nations working together for the good of many.
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Green Walk at Marina Bay Sands
Green Walk at Marina Bay Sands
Two weeks ago, we had an incredible time on the ANZ Green Walk at Marina Bay Sands!

Our guests were amazed by the innovative smart technology used to track energy and water usage, and the impressive sustainability measures integrated into daily operations. Highlights included the stunning Rain Oculus, the iconic Skypark, the fascinating Skylight at The Shoppes, and a deep dive into the IR's waste management process at the Recycling Dock.

Thank you to everyone who joined us and to Marina Bay Sands for showcasing their leading sustainability initiatives.

Stay tuned for more exciting events!
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Upcoming Events
Cross-Chamber Networking Mixer: Summer Sips & Global Connections
Cross-Chamber Networking Mixer: Summer Sips & Global Connections
Date: Thursday, 11 July 2024
Time: 6.30pm - 8.30pm
Venue: The Exchange (8 Marina View #01-05, Asia Square Tower 1, Singapore 018960)

Join us for an unforgettable evening of networking and international camaraderie at the Cross-Chamber Networking Mixer: Summer Sips & Global Connections. This event, co-hosted by the New Zealand Chamber, the Irish Chamber, and the Canadian Chamber, is designed to foster meaningful connections among individuals from diverse industries and backgrounds.

Catch up with old friends and make new connections while enjoying two hours of free-flow drinks and a delectable selection of canapés at The Exchange. Whether you're a seasoned chamber member or new to the community, this event is the perfect opportunity to expand your network in a relaxed and friendly atmosphere.

In addition to the great company and refreshments, stand a chance to win exciting prizes in our lucky draw. What are you waiting for? Register now!

Not a member yet? Join us​​ today!

Registration includes 2 hours of:
Canapes
  • Mini cheeseburger sliders
  • Mini fish & chips
  • Smash avocado toasts, dukkah
  • Mini Lamingtons
Beverages
  • Mimosa cocktail
  • San Miguel Light
  • Mcguigan Shiraz
  • Mcguigan Sauv Blanc
  • Soft drinks/Juices

Entry permitted via registration only.
Register Here
 
BUY YOUR TICKETS NOW! | The Invinciball 2024
BUY YOUR TICKETS NOW! | The Invinciball 2024
Date: Saturday, 31 August 2024
Time: 6.30pm - 11pm
Venue: Sofitel Singapore Sentosa

Join us for an unforgettable evening as we celebrate a century of The 1924 All Black Invincibles team at the NZ Chamber's annual gala event, "The Invinciball".

Some highlights of the evening include:
  • A spectacular gala dinner featuring exquisite cuisine and fine wines from New Zealand
  • Back by popular demand -- be entertained all night by Kiwi rock sensation, Shane Cortese and the 8 Track band
  • An exciting auction to bid on some amazing prizes & experiences
  • An after-party to watch the All Blacks VS Springboks live

Accomodation at Sofitel Singapore Sentosa [Special Promo]
Enjoy an extended evening at our NZ Invinciball 2024 with an exclusive accommodation offer! Guests can unwind in the luxurious comfort of Sofitel Sentosa's "Luxury Room, inclusive of breakfast for 2" at a special rate of $350++ (U.P. $460++).

Simply email ina.wahid@sofitel.com and mention that you're attending the NZ Invinciball 2024 to take advantage of this offer. Make the most of your gala experience with a relaxing overnight stay.
Buy your tickets today!
 
Family Matters - International Family Law for expats
Family Matters - International Family Law for expats
Date: Tuesday, 30 July 2024
Time: 4pm - 6pm
Venue: Drew & Napier office (10 Collyer Quay, #11-01 Ocean Financial Centre, Singapore 049315)

Are you a New Zealander in Singapore with assets across both countries? Wondering how to safeguard your interests and plan for the future? Perhaps you're considering setting up a trust structure, a pre-nuptial type agreement or need guidance on family/ marital legal aspects? Plus, there will be a tax expert on hand should you have any tax related queries.

Join us for an informative discussion on Tuesday, 30 July 2024 at 4 pm, where leading lawyers Jeremy Johnson of Bankside Chambers and Randolph Khoo, Johnson Loo and Seah Ching Ling of Drew & Napier will address these and other essential questions. They'll provide valuable insights on navigating international family law issues that matter to expats, offering a comprehensive perspective on ensuring your family's well-being.

The sharing session will run approximately for an hour including Q&A and will conclude with networking over drinks & refreshments.
Register Here
 
ANZBC X ANZ Sector Event : The Renewables Opportunity [ONLINE]
ANZBC X ANZ Sector Event : The Renewables Opportunity [ONLINE]
Date: Wednesday, 19 June 2024
Time: 12pm to 2pm SGT (4pm to 6pm NZT)
Venue: Online via Teams

The ASEAN NZ Business Council, in Partnership with our Gold Partners ANZ, is pleased to invite you to attend a panel session on The Renewables Opportunity in Southeast Asia

ANZ have provided us with expert speakers for this event, providing both:
  1. A keynote and overview presentation on the economic trends and future direction of the Renewables Sector, and
  2. An in depth business to business discussion on the Renewables Sector across Southeast Asia, and the opportunities for NZ Business.

We welcome speakers:
  • Mark Evans, ANZ 's Country Head for Singapore, and Head of Southeast Asia, India and the Middle East, ANZ Singapore
  • Simon Barnett, Director, Project & Export Finance, ANZ Singapore
  • Chloe Archer, Director, Mafic Partners
  • Nathan Turner, Country Manager NZ, Bluefloat Energy (NZ)
  • Gary Holden, CEO, Lodestone Energy
  • Moderated by Brendon Mahood

Please join us for this exciting business event and networking function on Wednesday, 19 June 2024, 4pm to 6pm NZT- ONLINE via Teams.
Register Here
 
Members News & Promotions
The Meat Club goes Green: say hello to Farm Fresh Fruit and Vegetables
The Meat Club goes Green: say hello to Farm Fresh Fruit and Vegetables
Our good friends at The Meat Club online have launched fresh fruit and vegetables on the site. Enjoy 30% off the range for a limited time only, using code "VEG30"! Enjoy!

T&Cs:
Free next day delivery for orders over $100 before 2pm!
Shop Now!
 
Job Opportunity
Office Manager (Defence) - New Zealand High Commission, Singapore
The New Zealand Defence Adviser to Singapore is seeking to recruit for an Office Manager. The Office Manager is responsible for supporting the Defence Adviser to Singapore, also accredited to Vietnam and Cambodia. Managing schedules, events, finances and official visitors will be a key part of the role.

The Office Manager will be responsible for:
  • General administrative duties
  • Executive support to the Defence Adviser
  • Establishing and maintaining relationships with key contacts and external providers in order to maintain high-quality level of service and support for the office of the Defence Adviser.
  • Liaison duties and assistance with official activities
  • Management of documents and official correspondence
  • New Zealand Defence Force visitor and student assistance
  • Finance support
  • Responsible for one direct report (Driver)

This is a locally engaged position. The terms and conditions of employment will be in line with Singapore employment legislation. The successful applicant, if resident outside of Singapore, will be responsible for costs associated with relocation to Singapore and accommodation in Singapore.

Applicants must be lawfully entitled to work and reside in Singapore with the correct visa/work pass status or demonstrate eligibility to obtain the relevant work pass. Employment offers are subject to successful pre-employment checks and security clearances. In relation to this, the successful candidate will need to arrange for his/her own Police Clearance Certificate.

Qualifications and Experience
Applicants must have strong previous experience in business administration and finance roles. Strong relationship management skills and strong written and oral communication skills are required. Proficiency with Microsoft outlook and demonstrated skills in proactive calendar management and scheduling are required.

The indicative salary range for this position is SG $71,395 - $75, 254 per annum, negotiable dependant on skills and experience.

Application Procedure
The application form (download from http://www.mfat.govt.nz/singapore) with your CV and a covering letter should be emailed to recruit.sin@mfat.govt.nz

Applications must be received no later than 4pm (Singapore time) on 20 June 2024.

We thank all applicants for their interest, but we will only contact those who pass the initial screening.

Please note: If the successful candidate has worked or lived in New Zealand and are subsequently employed as locally engaged staff in a NZ Government Agency/High Commission, they may, subject to individual circumstances, have NZ Tax Residency obligations. We advise any applicant, who may be in this situation, to discuss their tax residency status with the NZ Inland Revenue (IRD) and determine any potential personal tax obligations to IRD.
 
News & Views
Harcourts Landed | Exploring Opportunities: Our Business Trip to Singapore
Harcourts Landed | Exploring Opportunities: Our Business Trip to Singapore
Our recent business trip to Singapore was a venture filled with endless opportunities for our real estate agency from New Zealand. The primary purpose of our trip was to seek buyers interested in purchasing property in New Zealand and to establish long-term relationships with referral partners such as accountants and immigration law service providers. We were particularly excited to join up with our law firm, Stace Hammond, for this trip, as their expertise and connections played a crucial role in making this journey possible.
Read More
 
New Zealand Tax Update - By Des Trigg
New Zealand Tax Update - By Des Trigg
The Minister of Finance, Hon Nicola Willis, delivered her first budget on Thursday, 31 May 2024. Since the election of the Coalition Government (November 2023), the Minister has consistently defended the position that the “tax cuts” announced pre-election by the Coalition would not involve additional borrowing. The cuts are contained within a change to personal income thresholds as opposed to a reduction in tax rates. This is the first change to thresholds since 2010. Attached to this report are separate schedules:
  • Tax thresholds/rates effective until 30 July 2024 [A]
  • Tax thresholds/rates effective from 31 July 2024 [B]

For returning expats/arriving migrants, where NZ residential rental property has been or will be purchased, the Coalition has returned the deductibility of borrowing interest and extended the ownership period of such property before taxing any gain. From 01 April 2024, 80% of interest incurred will be tax deductible against rental income. This will be increased to 100% from 01 April 2025. This restores entitlement for landlords to claim interest in the same way any business taxpayer is entitled, where money borrowed relates to the earning of taxable income. Under Labour, where such property was sold within 2 years of ownership, any gain was taxable. That 2-year period has been extended by the Coalition to 10 years.

Disclaimer:
This update is provided by Des Trigg, CA Tax Consultant of Auckland. The content is for information only and should not be acted upon without professional advice. Neither the author nor any member of NZ Chamber of Commerce staff accepts any liability to any other party.

Des Trigg CA
Tax Consultant
Mobile: +64 21 768 967
Email: des@destrigg.co.nz Website: http://www.destrigg.co.nz
 
Not a member yet? Join now and become part of our vibrant and supportive community!
$99 per person
Good for anyone with an interest or connection to New Zealand:
  • Individuals aged 26 & under who are solo-entrepreneurs, business people, students or anyone looking to regularly network with New Zealanders.
  • Connect with the NZ community, culture and stay up to date with NZ-related business activity in Singapore and SEA.

$200 per person
Good for anyone with an interest or connection to New Zealand:
  • Solo-entrepreneurs, business people, students or anyone looking to regularly network with New Zealanders.
  • Connect with the NZ community, culture and stay up to date with NZ-related business activity in Singapore and SEA.

$330 per couple
Good for couples with an interest or connection to New Zealand:
  • Join with your partner to receive an annual discount.
  • Enjoy the same benefits and opportunities as the Individual membership.
  • Both people do not have to be Kiwis.

$990 per Company, includes 3 Corporate nominees
Good for any business with an interest or connection to New Zealand:
  • Connect and network with New Zealand Business people living in Singapore.
  • Promote your product and services within the New Zealand Community.
Sign me up!
 
 
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Copyright © 2019 New Zealand Chamber of Commerce Singapore.
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You are receiving this email because you are a NZ Chamber member or have otherwise opted in through contact with our office.
Our mailing address:
New Zealand Chamber of Commerce Singapore
One George Street/
#21-04
Singapore 049145
Singapore
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