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Manufacturers and Exporters Association - Latest News [Page 7]
Budget must focus on the real economy
Tuesday, 26 May 2009, 3:10 pm | Manufacturers and Exporters Association
Further weak export figures reinforce the need for the Government to focus on growth in the real economy say the New Zealand Manufacturers and Exporters Association (NZMEA). While a trade surplus of $276 million was recorded, merchandise exports for April ... More >>
New strategy needed to deliver on new goals
Thursday, 7 May 2009, 11:30 am | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) are calling on the Government to shift their focus towards job creation rather than crisis mitigation. Statistics New Zealand’s quarterly figures released today reported that unemployment ... More >>
Manufacturing sales fall again.
Friday, 1 May 2009, 10:24 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during April 2009, shows total sales in March 2009 decreased 40.3% (export sales decreased by 30.9% with domestic sales decreasing 45.6%) ... More >>
Still more to do on interest rates
Thursday, 30 April 2009, 4:44 pm | Manufacturers and Exporters Association
The Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate (OCR) by 50 basis points this morning leaving New Zealand’s interest rates much higher than many of our international competitors. The New Zealand Manufacturers and Exporters Association ... More >>
NZTE changes – smoke not substance
Wednesday, 22 April 2009, 4:23 pm | Manufacturers and Exporters Association
The changes to New Zealand Trade and Enterprise (NZTE) announced yesterday represent a continuation of the same failed strategy say the New Zealand Manufacturers and Exporters Association (NZMEA). The Market Development and Capability Building grants ... More >>
Inflation subsides but at what cost?
Friday, 17 April 2009, 1:37 pm | Manufacturers and Exporters Association
The latest inflation figures from Statistics New Zealand have been released showing that inflation for the year until March 2009 has dropped to three percent. The New Zealand Manufacturers and Exporters Association (NZMEA) say that the length of time ... More >>
NZMEA backs calls for focus on currency stability
Wednesday, 8 April 2009, 12:58 pm | Manufacturers and Exporters Association
NZMEA backs calls for more focus on currency stability The New Zealand Manufacturers and Exporters Association (NZMEA) is backing calls from Business and Economic Research Limited (BERL) for currency stability. Since the Reserve Bank’s smaller than ... More >>
Sales slump in some sectors
Friday, 3 April 2009, 10:30 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during March 2009, shows total sales in February 2009 decreased 25.0% (export sales decreased by 15.9% with domestic sales decreasing 30.9%) ... More >>
RBNZ buying currency when it should be selling
Tuesday, 31 March 2009, 4:59 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) is backing calls to intervene in currency markets if necessary in order to keep the dollar at a stimulatory level. The Bank of New Zealand has flagged this possibility in response to a rising ... More >>
NZ’s productivity lags behind
Friday, 13 March 2009, 5:20 pm | Manufacturers and Exporters Association
Figures released by Statistics New Zealand this morning showed that New Zealand’s Multifactor Productivity (MFP) had grown by an average of only 0.6 percent since 2000. The New Zealand Manufacturers and Exporters Association (NZMEA) say that ... More >>
OCR cut – Why not more?
Thursday, 12 March 2009, 4:45 pm | Manufacturers and Exporters Association
The Reserve Bank has cut New Zealand’s Official Cash Rate (OCR) by 50 basis points this morning, which was on the low end of expectations. Reserve Bank Governor Dr. Alan Bollard said that the OCR is now on a “glide path” to its trough, which ... More >>
Cut the OCR to 2.5%
Monday, 9 March 2009, 9:58 am | 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) 100 basis points on Thursday. While the Reserve Bank of Australia (RBA) kept its rate at 3.25 percent last week, fast ... More >>
Sales hold, but outlook still shaky
Wednesday, 4 March 2009, 9:46 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during February 2009, shows total sales in January 2009 increased 0.93% (export sales increased by 7.3% with domestic sales decreasing ... More >>
Creating ‘iconic’ firms
Wednesday, 18 February 2009, 4:11 pm | Manufacturers and Exporters Association
John Key has revealed that company bailouts are possible for certain “iconic” New Zealand companies and Fisher and Paykel Appliances seems to make the grade despite moving most of their production offshore. The New Zealand Manufacturers and Exporters ... More >>
Fisher & Paykel’s problems are not new
Tuesday, 17 February 2009, 2:23 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) say that the problems faced by Fisher and Paykel Appliances have been a long time in the making. While the economic crisis has provided the breaking point, Government policy failures have ... More >>
Making monetary policy more effective
Tuesday, 10 February 2009, 1:26 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) support calls for a review of early termination fees for fixed term mortgages. Any fee reductions would make cuts in the Official Cash Rate (OCR) more accessible to fixed-term borrowers, ... More >>
Sales hold up despite market concerns
Thursday, 5 February 2009, 3:37 pm | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during January 2009, shows total sales in December 2008 increased 4% (export sales increased by 2.06% with domestic sales increasing ... More >>
150 point cut pleasing, but system needs to change
Thursday, 29 January 2009, 1:54 pm | Manufacturers and Exporters Association
The Reserve Bank has cut the Official Cash Rate (OCR) by 150 basis points today, but evidence from overseas suggests this will do little to really spark the economy. The New Zealand Manufacturers and Exporters Association (NZMEA) welcome the cut, ... More >>
People don't like tax reveals Peter Dunne
Tuesday, 27 January 2009, 4:40 pm | Manufacturers and Exporters Association
The Minister of Revenue, Peter Dunne, has voiced his long held opposition to a Capital Gains Tax in response to calls for one to be introduced, in part, due to New Zealand's "severely unaffordable" house prices. However, the Minister failed to give any logical ... More >>
The limitations of monetary policy
Tuesday, 27 January 2009, 11:59 am | Manufacturers and Exporters Association
The sudden inflation drop in New Zealand and the inability of low interest rates around the world to support growth demonstrate the limitations of monetary policy say the New Zealand Manufacturers and Exporters Association (NZMEA). Other countries ... More >>
