David Thompson Posted:
So very, very true. It beggars belief that we consider ourselves to be a developed nation when so much of our economy is based on selling milk powder or logs. BTW, I own a Plinius amplifier (my second) that drives a set of Theophany speakers.
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David Thompson Posted:
A robust but sobering report. It concerns me that confidence is rising, yet sales and exports are down and "manufacturers and exporters are still lagging behind other sectors". Surely we should wait until we're earning more money before we start spending more?
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siemens Posted:
Yes true! The only thing that will never die in this world is the nature and its science behind it. Great post.
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Kieran Ormandy Posted:
Thanks for the question Steven, Germany has seen increases in manufacturing employment since 2009, and Switzerland has had stable manufacturing employment between 2006 – 2011, even in the face of ongoing Euro-zone issues. Korea has seen increases in manufacturing employment since 2008 and Israel experienced large increases since 1998, while being stable over the last 4 years. Singapore has had increases in manufacturing employment over the last two years. These countries all value their manufacturing sectors and work to protect them, this is reflected in the above numbers and their performance through the GFC. Note data around the above examples was sourced from OECD labour market stats.
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John Walley Posted:
Point one: you should have no doubt what our Association says publically represent the views of our members. Point two: we don’t knee jerk responses, if you trace back our comments around NZPower you will see them link all the way back to our research in 2004 and 2005. All that material is fully linked from our comments above. Point three: you will note our comments on major users, sadly the same advantage does not accrue to smaller industrial users. The perverse incentives of the LRMC approach in all this are well known. Point four: the NZMEA is not like any other Association in New Zealand we admit only manufacturers and exporters into membership, and our public expressions are the views of that restricted membership.
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Earthquake Memorial: yes, but not yet

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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 are not yet fully up and running. It is too early for this sort of discretionary disruption.

NZMEA Chief Executive, John Walley says, “It is hard to understand what the Government are trying to achieve with this holiday. If it is to be a day of mourning we are better to wait until names of the deceased are known, some semblance of order has been restored in business and in home life, and until the aftershocks settle down.”

“I have had a number of firms contact me making the point that they have already lost contracts due to the disruption and a holiday will worsen this problem through losing productive time or costing more at a time when resources are stretched. The last thing the Christchurch economy needs is further disruption; something well recognised by staff and employers alike.”

“We have not yet restored basic services to some of the city and a large part of the city centre is still closed. Another day off sends what sort of signal to offshore customers, national competitors and the local community? The decision for a provincial holiday seems less than rational when some are still waiting on electricity, water and sewerage to be restored.”

“A holiday that encourages a large gathering runs against the Civil Defence advice to minimise travel – again where is the logic?”

“Taking the time to remember the victims of this tragic event is very important, but not now; do it later to support those struggling to rebuild the economy of the city.”

“Let the dust settle and do it right, but do it later.”

tags: earthquake holiday, christchurch earthquake


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