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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Recent News

House price increases slow as new lending rules begin to take effect - QV - Stuff Business, 1 Nov 2016 New Zealand's hot housing market is showing signs of cooling down.

Global debt hits $152 trillion - New Zealand Herald, 6 Oct 2016 Global debt has hit a record high of US$152 trillion (NZD$217 trillion), weighing down economic growth and adding to risks that recovery could turn into stagnation or even recession, the International Monetary Fund has warned.In...

Business owners confident in economy - survey - 3 News Business, 4 Oct 2016 Kiwi businesses were more optimistic about the state of the economy and their own activity in the September quarter, even as their profits were squeezed. ...

Households losing wealth as debt keeps going up - Stuff Business, 4 Oct 2016 New Zealanders have become poorer over the past year.

Signs of challenges for exporters - NZMEA survey - Voxy, 6 Sep 2016 The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during August 2016, shows total sales in July 2016 decreased 15.27% (year on year export sales decreased by 20.48% with domestic sales decreasing by 6.03%) on July 2015.

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15/11/16

Upper South Island Earthquake Response


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Our thoughts are with everyone affected by the earthquake that hit the upper South Island and Wellington region today. We have been reaching out to our manufacturing members and offer our support if there is anything we can do to help them in this time, say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZMEA Chief Executive Dieter Adam says, “So far at this early...

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tags: earthquake, canterbury, manufacturing



9/11/16

General Cable Proposed Closure


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It is very unfortunate to hear of the proposed closure of manufacturer General Cable in Christchurch, with the loss of up to 170 quality jobs and affecting other local manufacturers supplying them. While conditions for many manufacturers have improved in recent years, this shows that pressure and uncertainty remains, say the New Zealand Manufacturers and Exporters Association (NZMEA).

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tags: manufacturing, exports, staff, general cable, close



7/11/16

Manufacturing Confidence Hit in September


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The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during October 2016, shows total sales in September 2016 decreased 6.72% (year on year export sales decreased by 11.72% with domestic sales increasing by 17.12%) on September 2015.

In the 3 months to September, export sales decreased an average of 7.0%, and domestic sales...

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tags: survey, manufacturing, exports, staff, sales, domestic, markets



12/10/16

Right Move in the Wrong Direction


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The Government is right to make adjustments to our immigration system in response to high numbers causing housing and infrastructure pressures. However, the focus on skilled migrants may add pressure on manufacturers and exporters who are already finding it hard to get skilled staff they need to grow, say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZMEA Chief...

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tags: skills, education, labour, manufacturing, exports, tertiary, government



10/10/16

Back to growth in August


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The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during September 2016, shows total sales in August 2016 increased 8.65% (year on year export sales increased by 11.32% with domestic sales increasing by 4.49%) on August 2015.

In the 3 months to August, export sales decreased an average of 3.2%, and domestic sales decreased...

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tags: survey, exports, manufacturing, sales, exchange rate, growth



29/9/16

Rick Smith of Sutton Tools Elected President of the NZMEA


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Rick Smith, Operations Manager of Sutton Tools (NZ), has been elected as the New Zealand Manufacturers and Exporters Association (NZMEA) President at the Association’s 137th AGM. Rick takes over the helm from Tom Thomson, who completed his two year term as President, say the New Zealand Manufacturers and Exporters Association (NZMEA).


The office holders of...

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tags: rick smith, nzmea, president, tom thomson, manufacturing



21/9/16

Financial Risks and Currency Need Continued Focus


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Looking towards the Reserve Bank of New Zealand’s (RBNZ) OCR decision tomorrow, the exchange rate remains at a level that is putting a lot of pressure on manufacturers and exporters. Building financial stability issues, here and abroad also present a significant future risk, say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZMEA Chief Executive Dieter Adam says,...

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tags: currency, exchange rate, stability, financial, debt



7/9/16

Mayoral Debate Lacks Focus on Industry and Jobs


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Today’s Auckland mayoralty debate covered a range of issues, but completely missed any discussion on Auckland’s productive industry, jobs and wealth creation, say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZMEA Chief Executive Dieter Adam says, “The lack of discussion on wealth creation and building an environment for productive businesses to succeed is a...

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tags: auckland, debate, industry, exports, skills, education, transport



6/9/16

Signs of Challenges for Exporters


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The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during August 2016, shows total sales in July 2016 decreased 15.27% (year on year export sales decreased by 20.48% with domestic sales decreasing by 6.03%) on July 2015.

In the 3 months to July, export sales decreased an average of 6.5%, and domestic sales increased...

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tags: survey, exports, manufacturing, exchange rate, currency



24/8/16

Overvalued Exchange Rate Matters for Manufacturers and Exporters


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The New Zealand dollar remains overvalued and has risen close to the TWI 15 month high experienced last month, following comments from the Reserve Bank of New Zealand yesterday lowering expectations of significant OCR cuts. The effect of our high and overvalued currency on exporter’s ability to compete and invest in the future cannot be ignored, say the New Zealand Manufacturers and...

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tags: currency, exchange rate, competitiveness, exports, manufacturing