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Manufacturers and Exporters Association - Latest News [Page 8]
2nd most unaffordable housing – balance tax system
Monday, 26 January 2009, 11:57 am | Manufacturers and Exporters Association
Demographia has released the results of their 2009 International Housing Affordability Survey with New Zealand’s average house price at 5.7 times the average national income, ranking as the second most unaffordable in the world. The New Zealand Manufacturers ... More >>
Reserve Bank - still fighting the wrong battle
Wednesday, 21 January 2009, 10:40 am | Manufacturers and Exporters Association
Cost Price Inflation (CPI) dropped dramatically to 3.4 percent in December and further falls below the 1 to 3 percent target band seem likely later in the year. However, New Zealand's Reserve Bank continues to buck international trends by fighting inflation ... More >>
Competitive in 2009?
Thursday, 15 January 2009, 12:06 pm | Manufacturers and Exporters Association
John Key has assembled his economic advisors today to discuss the economic situation and look for ways to improve economic plight in 2009. The New Zealand Manufacturers and Exporters Association (NZMEA) say that any credible policy initiatives must make ... More >>
What are we waiting for?
Thursday, 18 December 2008, 3:28 pm | Manufacturers and Exporters Association
The new Budget Policy Statement and the Federal Reserve’s 75 to 100 basis point cut to interest rates in the United States have delivered further bad news for New Zealand. This news challenges assertions that the recession is over with Deutsche ... More >>
Productivity or popularity?
Thursday, 11 December 2008, 4:49 pm | Manufacturers and Exporters Association
The latest Performance of Manufacturing Index (PMI) has shown a further decline in manufacturing in November. The New Zealand Manufacturers and Exporters Association (NZMEA) say that it is not all doom and gloom as our survey showed sales seem to ... More >>
The gloom continues
Tuesday, 9 December 2008, 10:25 am | Manufacturers and Exporters Association
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during November 2008, shows that total sales in October 2008 decreased 2.70% (export sales increased by 7.93% with domestic sales decreasing ... More >>
Expansionary settings – still some way to go
Friday, 5 December 2008, 5:07 pm | Manufacturers and Exporters Association
Reserve Bank Governor Dr. Alan Bollard described our monetary policy settings as expansionary yesterday. This claim was made in the face of the fact that New Zealand continues to have interest rates far above those of our trading partners. The New ... More >>
More uncertainty – not a time to be tentative
Thursday, 4 December 2008, 4:04 pm | Manufacturers and Exporters Association
Reserve Bank Governor Dr. Alan Bollard has cut the Official Cash Rate (OCR) 150 basis points this morning easing the pressure on the economy. The New Zealand Manufacturers and Exporters Association (NZMEA) welcome the cut, but point out that further monetary ... More >>
Forever late - last up and last down.
Wednesday, 3 December 2008, 10:39 am | Manufacturers and Exporters Association
The Reserve Bank of Australia cut its cash rate by 100 basis points yesterday widening the gap between their rate and New Zealand’s. The New Zealand Manufacturers and Exporters Association (NZMEA) are calling for a big cut to our Official Cash Rate ... More >>
200 point cut needed
Friday, 28 November 2008, 12:36 pm | Manufacturers and Exporters Association
Aggressive cuts from other central banks and global government action highlight worsening economic conditions and justify a 200 basis point cut to the Official Cash Rate (OCR) next week say the New Zealand Manufacturers and Exporters Association ... More >>
NZMEA: New Cabinet offers promise
Monday, 17 November 2008, 3:59 pm | Manufacturers and Exporters Association
The new National led cabinet offers some promise to the tradeable economy says the New Zealand Manufacturers and Exporters Association (NZMEA). National appointed Bill English as Minister of Finance, Tim Groser as the Minister of Trade and Gerry Brownlee ... More >>
Balanced Government needs to balance the economy
Monday, 17 November 2008, 12:43 pm | Manufacturers and Exporters Association
Policy balance is the key to reducing risk and encouraging investment in the development of high value exports say the New Zealand Manufacturers and Exporters Association (NZMEA). National has gone to great lengths to ensure a balanced government and needs ... More >>
NZ votes for change – start with the economy
Monday, 10 November 2008, 3:40 pm | Manufacturers and Exporters Association
10 November 2008 NZ votes for change – start with the economy An emphatic vote and the will for change have placed a National led Government into office promising a better economic future. The New Zealand Manufacturers and Exporters Association ... More >>
How many times before we learn…
Thursday, 6 November 2008, 5:20 pm | Manufacturers and Exporters Association
Unemployment statistics out today show that unemployment has risen to 4.2 percent over the last quarter. The New Zealand Manufacturers and Exporters Association (NZMEA) says that the unemployment increase reflects the decline in the domestic economy ... More >>
Leadership and Change
Tuesday, 4 November 2008, 3:08 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) have considered the range of policy positions that are critical to the tradeable sector as we approach election. More >>
Trade figures spell out continuing problems
Friday, 31 October 2008, 4:48 pm | Manufacturers and Exporters Association
Septembers trade figures have been released showing a $1.2 billion trade deficit, about twice what was expected. The New Zealand Manufacturers and Exporters Association (NZMEA) say that this performance indicates just how fragile any export lead recovery ... More >>
Election campaign lacks long-term focus
Wednesday, 29 October 2008, 9:59 am | Manufacturers and Exporters Association
Short-term spending and bank bailout plans have dominated the election campaign so far shifting attention from the local problems that underpin our economy. The New Zealand Manufacturers and Exporters Association (NZMEA) have released a Viewpoint ... More >>
Can we fix the real problem?
Thursday, 23 October 2008, 3:01 pm | Manufacturers and Exporters Association
The Reserve Bank has cut rates by a full percentage point in response to the financial crisis. However, the New Zealand Manufacturers and Exporters Association (NZMEA) point out that New Zealand still has one of the highest interest rates in the world ... More >>
Stop ship sinking or keep lining up deckchairs?
Wednesday, 22 October 2008, 3:42 pm | Manufacturers and Exporters Association
National and Labour are putting increased emphasis on lower compliance costs this election. Both parties have suggested programmes to eliminate excess costs. The New Zealand Manufacturers and Exporters Association (NZMEA) encourage that effort, however, ... More >>
Big cut needed but damage was done at 8.25%
Monday, 20 October 2008, 1:08 pm | Manufacturers and Exporters Association
The New Zealand Manufacturers and Exporters Association (NZMEA) are calling for a big cut to the Official Cash Rate (OCR) on Thursday to stimulate the economy. However, the Association points out that the damage was done to the New Zealand economy when ... More >>
