Comments

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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17/4/14

Comment on Labour Policy Announcement by NZMEA President


Print-friendly 0 comment(s) Posted in: In the media

“This policy release from the Labour Party is so important that if it becomes government policy it would define a shift in New Zealand’s culture,” says Brian Willoughby President of the NZMEA and Managing Director of Plinius Audio and Contex Engineers.

“While the NZMEA has long advocated for the policies in the document, we have been criticised as promoting the self-interest of a particular group. What has happened here is that the Labour Party has recognised that these are policies that will ensure the future well-being of all New Zealand’s citizens.”

“The Manufacturing Inquiry was criticised by some as a political stunt. We hope this policy announcement will not be similarly dismissed and demeaned."

“Logical, reasoned criticism will not follow because there isn’t any that will withstand scrutiny, so we can instead expect old fashioned Chicago School of Economics philosophy arguments that are proven to not work well even, in large economies and are disasters for small open economies like New Zealand.”

"The question is will New Zealanders outside the tradable sector recognise how groundbreaking and important this is to them and their children, so they vote for this in September? Only time will tell.”

“But as first a father, then a grandfather and finally a manufacturer, I certainly hope so.”

Official comment by the NZMEA on the Labour announcement can be found here



tags: brian willoughby, manufacturing, exports, exchange rate, labour

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