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NZMEA - Latest News [Page 6]
Exporting raw materials the path to poverty
Tuesday, 23 August 2011, 4:05 pm | NZMEA
New Zealand Winegrowers have hit the mark with their comments that the high NZ dollar is costing jobs say the New Zealand Manufacturers and Exporters Association (NZMEA). NZ Winegrowers Chairman Stuart Smith said, “We’re going along quite well [in ... More >>
Discontent over earthquake insurance
Friday, 19 August 2011, 10:21 am | NZMEA
41 percent of respondents rate the overall performance of their insurance company’s response to claims as ‘very poor’ or ‘poor’ while only 18 percent rated their performance positively according to a New Zealand Manufacturers and Exporters Association ... More >>
Sales fall and currency continues to impact confidence
Monday, 8 August 2011, 3:22 pm | NZMEA
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during July 2011, shows total sales in June 2011 decreased 9.6% (export sales decreased by 17.3% with domestic sales decreasing 2%) on June ... More >>
No rebalance likely while exchange rate constrains inflation
Thursday, 28 July 2011, 4:55 pm | NZMEA
Capital controls rather than the exchange rate must be used to restrain inflation say the New Zealand Manufacturers and Exporters Association (NZMEA). There are a number of options available to the Reserve Bank to restrict inflationary pressures ... More >>
Currency 'head wind' more like a gale
Wednesday, 1 June 2011, 3:04 pm | NZMEA
The Government and the Reserve Bank cannot continue to sit and watch as the currency appreciates say the New Zealand Manufacturers and Exporters Association (NZMEA). Any credible export based economic plan must deal with a persistently overvalued ... More >>
Labour beginning to offer economic choice
Tuesday, 24 May 2011, 10:15 am | NZMEA
Labour’s promise to restore the Research and Development (R&D) Tax Credit is a step in the right direction say the New Zealand Manufacturers and Exporters Association (NZMEA). Phil Goff announced that the 12.5 percent credit would be introduced in ... More >>
Exchange rate and house prices overvalued: IMF
Wednesday, 11 May 2011, 11:15 am | NZMEA
The International Monetary Fund’s (IMF) report on New Zealand has revealed that New Zealand’s exchange rate is overvalued by 5 to 20 percent and house prices are overvalued by 15 to 25 percent. These figures show that little progress has been ... More >>
Moving towards normal but domestic sales low - 6 May
Friday, 6 May 2011, 10:05 am | NZMEA
The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during April 2011, shows total sales in March 2011 decreased 7% (export sales decreased by 2% with domestic sales decreasing 11%) on ... More >>
Export growth ignored again
Friday, 29 April 2011, 1:57 pm | NZMEA
The Reserve Bank must do better than comments like “the elevated level of the New Zealand dollar is unwelcome” from Governor Dr Alan Bollard yesterday. The Government and its officials cannot claim to support an export led recovery while resisting ... More >>
Earthquake Memorial: yes, but not yet
Thursday, 10 March 2011, 3:56 pm | NZMEA
The proposed earthquake memorial holiday comes too soon say the New Zealand Manufacturers and Exporters Association (NZMEA). Many of the quake victims have not yet been identified, businesses are still trying to restore their production, and schools and other services ... More >>
Unemployment rise needs policy action
Friday, 4 February 2011, 10:15 am | NZMEA
The seasonally adjusted unemployment rate rose to 6.8 percent in the December quarter from 6.4 percent in the September quarter necessitating a policy reaction from the Government to encourage an increase in business investment say the New Zealand Manufacturers ... More >>
RBNZ: right message but no action
Thursday, 9 December 2010, 4:19 pm | NZMEA
The Reserve Bank has lumped much of the responsibility for high interest and exchange rates at the feet of the Government, blaming fiscal deficits for the problem. Lower interest rates and exchange rates will require both fiscal and monetary policy changes ... More >>
NZ's liquidity depends on overseas perceptions
Tuesday, 23 November 2010, 2:21 pm | NZMEA
Policy changes are needed to cure a declining foreign debt position say the New Zealand Manufacturers and Exporters Association (NZMEA). Standard and Poor’s has put New Zealand’s credit rating on negative outlook Treasury Secretary John Whitehead has ... More >>
Taskforce long on diagnosis, short on therapy
Thursday, 4 November 2010, 4:18 pm | NZMEA
We would like to have seen more on how the 2025 Taskforce thinks the gap with Australia could be closed say the New Zealand Manufacturers and Exporters Association (NZMEA). The report focused heavily on reducing public spending, fine as far as it goes, but ... More >>
Pragmatism needed on currency
Thursday, 4 November 2010, 10:15 am | NZMEA
New Zealand can choose to influence its own currency despite the $600 billion dollar bond buy up from the Federal Reserve say the New Zealand Manufacturers and Exporters Association (NZMEA). While the objectives of monetary policy settings elsewhere are ... More >>
Currency problem 'worse than 2007'
Monday, 1 November 2010, 11:57 am | NZMEA
The currency problem is worse than in 2007 despite slightly lower cross rates say the New Zealand Manufacturers and Exporters Association (NZMEA). The lower sales volumes in today’s market mean that the low margins are hitting exporters much ... More >>
Will The RBNZ Halt English’s Rebalancing?
Tuesday, 27 July 2010, 4:17 pm | NZMEA
In Parliament last week Finance Minister Bill English welcomed some rebalancing that has occurred in the economy since the economic crisis pointing to growth in the tradeable economy.That rebalancing will be dealt a blow if the Reserve Bank lifts the OCR More >>
NZMEA Supportive of Kiwi Jobs Bill
Wednesday, 14 July 2010, 3:43 pm | NZMEA
The New Zealand Manufacturers and Exporter support the efforts from Claire Curran on the Kiwi Jobs bill.“The jobs bill is a good idea but we need to go much further,” says John Walley CEO NZMEA. More >>
RBNZ must wait until September, at least
Thursday, 3 June 2010, 12:42 pm | NZMEA
The Reserve Bank must resist the urge to hike the Official Cash Rate (OCR) until at least September say the New Zealand Manufacturers and Exporters Association (NZMEA). A rate rise now would pose significant risks to the tradeable economy which is already ... More >>
IMF report shows Budget not even close – 28 May
Friday, 28 May 2010, 2:51 pm | NZMEA
The International Monetary Fund (IMF) has released a report assessing the implications of fiscal policy changes on rebalancing and growth. The report stated that “New Zealand’s key policy challenge is to rebalance the economy and reduce external ... More >>
