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Press Release

First Quarter 2014 Earnings

April 17, 2014

Life Aquatic: Nanotech is Saving Volcanic Lake from Algae Explosions

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Life Aquatic: Nanotech is Saving Volcanic Lake from Algae Explosions

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New Zealand's Lake Rotorua is a peaceful place with a violent past. It came into being some 200,000 years ago when a massive volcano blew up, collapsed and rain water filled its 10-mile wide caldera.

Today, Rotorua's pellucid aquamarine water is a huge tourist magnet. But as the area developed, effluent from farms and nearby towns also fueled algae blooms that gobbled up oxygen and threatened to suffocate fish and other aquatic life in the lake.

Press Release

GE Capital to acquire Allianz Finance Pty Limited's $400m debtor finance book

March 20, 2013

GE Capital Australia's Commercial Finance business has entered into an agreement to acquire the business of Allianz Finance Pty Ltd, Allianz Australia's $400 million debtor finance book.

The acquisition will increase GE Capital's Commercial Finance client base, and deliver greater scale and geographic diversity for its asset-backed lending portfolio.


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Press Release

New Zealand Mid-Market shows strength as profitability rises

March 15, 2013

Profitability and turnover among New Zealand medium-sized businesses increased in the 2011 financial year, according to the latest GE Capital Mid-Market report released today.

The Prime Minister, Rt Hon John Key, joined GE Capital in Auckland to launch the latest report, entitled Inside the Mid-Market, which reports on the outlook of the Mid-Market (defined as businesses generating between $2million and $50million in annual revenue) in New Zealand and key trends.


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Press Release

Australian Mid-Market remains buoyant despite tough conditions

March 12, 2013

Australian medium-sized businesses are the most confident business sector about their prospects for growth, despite the uncertain economic environment, according to the latest GE Capital Mid-Market CFO sentiment survey released today.

Australian medium-sized businesses are the most confident business sector about their prospects for growth, despite the uncertain economic environment, according to the latest GE Capital Mid-Market CFO sentiment survey released today.


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Press Release

Australia jumps ahead in global innovation rankings but must work to convert its strengths into outcomes, according to GE report

January 29, 2013

Australia, 31 January 2013: Australia has improved its global ranking as an innovation leader, according to the GE Innovation Barometer report released today.

Out of the 25 countries surveyed, the report revealed that Australia has moved from 16th place in 2012 to 13th place in 2013 as an innovative economy - ranking ahead of growth markets such as Russia and Brazil, but still lagging behind established innovation leaders like the USA, Germany and Japan.

The report, conducted by independent market research firm Strategy One, reveals that:


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