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Manufacturers and Exporters Association - Latest News [Page 6]
Bollard: more than talk?
Monday, 7 September 2009, 3:56 pm | Manufacturers and Exporters Association
In July Reserve Bank Governor Dr. Alan Bollard said he would reassess policy settings in September if financial conditions remained tight. Conditions have worsened since then, so Bollard must follow through on his promise say the New Zealand Manufacturers ... More >>
Things are improving, but off a very low base
Friday, 4 September 2009, 10:00 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during August 2009, shows total sales in July 2009 decreased 34% (export sales decreased by 48% with domestic sales decreasing 7%) on ... More >>
Reserve Bank delay costly
Friday, 28 August 2009, 3:09 pm | Manufacturers and Exporters Association
The Reserve Bank’s inaction on the Official Cash Rate (OCR) has seen exports continue to decline say the New Zealand Manufacturers and Exporters Association (NZMEA). Exports have declined $252 million in July according to statistics New Zealand. More >>
Workable approach to climate change
Friday, 21 August 2009, 1:11 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) support the Government’s approach to carbon emission reductions. The initiative led by Tim Groser to promote a global research effort to reduce agricultural emissions combined with a realistic ... More >>
Economic decline slows, but recovery uncertain
Friday, 7 August 2009, 11:06 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during July 2009, shows total sales in June 2009 decreased 6% (domestic sales increased by 3% with export sales decreasing 19%) on June 2008. More >>
Reserve Bank waits until September
Thursday, 30 July 2009, 4:09 pm | Manufacturers and Exporters Association
The Reserve Bank has left the Official Cash Rate unchanged at 2.5 percent this morning. The New Zealand Manufacturers and Exporters Association (NZMEA) say that this move has effectively delayed further action on our economic recovery for a further six ... More >>
Currency must fall for productivity to rise
Monday, 27 July 2009, 5:47 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) is calling for the Reserve Bank to cut the Official Cash Rate (OCR) on Thursday to put some much needed downwards pressure on the currency. Overly optimistic comment and forecasts of a ... More >>
Inquiry good, but net must be cast wider
Tuesday, 21 July 2009, 4:33 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) are supporting the opposition inquiry into the banking system, but say that the issues are much wider than banking margins. The failure of monetary policy to serve the interests of the ... More >>
Dollar up, house prices recovering
Friday, 3 July 2009, 10:03 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during June 2009, shows total sales in May 2009 decreased 27% (export sales decreased by 30% with domestic sales decreasing 24%) on May 2008. ... More >>
86% support inquiry into financial sector - survey
Thursday, 2 July 2009, 11:40 am | Manufacturers and Exporters Association
86 percent of respondents supported an inquiry into the financial sector in a survey conducted by the New Zealand Manufacturers and Exporters Association (NZMEA) over the last two weeks of June. This survey comes out on the heels of the Finance and ... More >>
Real economy continues to slow
Friday, 26 June 2009, 1:49 pm | Manufacturers and Exporters Association
Statistics out this week showing that exports have dropped $383 million and the manufacturing sector has declined 7.2 percent demonstrate that little if any economic rebalancing has occurred say the New Zealand Manufacturers and Exporters Association (NZMEA). ... More >>
Country of origin labelling must be compulsory
Wednesday, 24 June 2009, 10:21 am | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) are backing calls for compulsory country of origin labelling. The Government has announced that it intends to introduce a voluntary labelling scheme, but a system that is not applied ... More >>
R&D funding not working
Friday, 19 June 2009, 5:28 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) are calling for the Government to reinstate a Research and Development (R&D) investment incentive in the wake of abysmal R&D statistics released today. Business sector investment in ... More >>
Monetary Policy problems sit with MPs not banks
Friday, 12 June 2009, 10:19 am | Manufacturers and Exporters Association
The Finance and Expenditure Select Committee released its report on the Reserve Bank’s Financial Stability Report on Wednesday acknowledging the ineffectiveness of our monetary policy. However, the report focuses largely on the role of the banks in ... More >>
Status quo not good enough
Thursday, 11 June 2009, 11:26 am | Manufacturers and Exporters Association
The Reserve Bank has held the Official Cash Rate at 2.5 percent this morning. This is likely to cause interest rates and the exchange rate to remain high. Reserve Bank Governor Dr. Alan Bollard commented that the appreciation of the dollar was causing ... More >>
Cut 50 points and toughen the language
Tuesday, 9 June 2009, 4:53 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) is calling for the Reserve Bank to put quantitative easing on the radar with its Monetary Policy Statement on Thursday, as well as making a further rate cut. The New Zealand dollar has increased ... More >>
No green shoots of recovery yet
Friday, 5 June 2009, 10:41 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during May 2009, shows total sales in April 2009 decreased 59% (export sales decreased by 53% with domestic sales down 62%) on April 2008. More >>
Government ignores advice and clings to the past
Thursday, 4 June 2009, 3:34 pm | Manufacturers and Exporters Association
Treasury Secretary John Whitehead has announced in public what Treasury has produced in reports for some time, that New Zealand’s tax system needs some major reform to increase our international competitiveness. Unfortunately this call continues ... More >>
Appetite for debt fuels rise in the dollar
Wednesday, 3 June 2009, 3:23 pm | Manufacturers and Exporters Association
The high and rising dollar threatens New Zealand’s economic recovery say the New Zealand Manufacturers and Exporters Association (NZMEA). The dollar has risen from a low of under 50 US cents back up to 65 cents in a matter of weeks. This could threaten ... More >>
Budget –spending cuts yes, but what about growth?
Thursday, 28 May 2009, 5:24 pm | Manufacturers and Exporters Association
The budget released today contains little in terms of changes to support any real economic development says the New Zealand Manufacturers and Exporters Association (NZMEA). There was some tinkering around the edges with some new funding allocated, ... More >>
