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New Zealand Broadcasting
The New Zealand Broadcasting Corporation (NZBC) was a publicly owned company of the New Zealand Government founded in 1962. The Broadcasting Act 1976 then reformed NZBC as the Broadcasting Corporation of New Zealand (BCNZ). The corporation was dissolved on 1 April 1975, and replaced by three separate organisations: Radio New Zealand, Television One, and Television Two, later known as South Pacific Television. The television channels would merge again in 1980 to become Television New Zealand, while Radio New Zealand remained unchanged. History At 7:30pm on 1 June 1960, New Zealand's first television channel, AKTV2, started broadcasting in Auckland from the NZBC building at 74 Shortland Street, previously used to broadcast public radio station 1YA and now home to The University of Auckland's Gus Fisher Gallery. Owned and operated by the New Zealand Broadcasting Service. With the passing of the Broadcasting Corporation Act 1961, the New Zealand Broadcasting Corporation was establ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NZ£
The pound (symbol £, £NZ. for distinction) was the currency of New Zealand from 1840 until 1967, when it was replaced by the New Zealand dollar. Like the pound sterling, it was subdivided into 20 shillings (abbreviation s or /) each of 12 penny, pence (symbol d). History Up until the outbreak of the World War I, First World War, the New Zealand pound was at parity with one pound sterling. As a result of the great depression of the early 1930s, the New Zealand agricultural export market to the UK was badly affected. Australian banks, which controlled the New Zealand exchanges with London, devalued the New Zealand pound to match the value of the Australian pound in 1933, from parity or £NZ 1 = £1 sterling to £NZ 1 = 16s sterling (£0.8). In 1948 it returned to parity with sterling or £NZ.1 = £1 sterling. In 1967, New Zealand decimalised its currency, replacing the pound with the New Zealand dollar, dollar at a rate of $NZ 2 = £NZ 1 (o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |