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    <title>The Real Economy - MEA</title>
    <link>http://www.realeconomy.co.nz</link>
    <description>Updates from Change NZ</description>
    <copyright>(c) 2012, Manufacturers and Exporters Association New Zealand, all rights reserved.</copyright>
    <ttl>5</ttl>
    <item>
      <guid isPermaLink="false">252</guid>
      <title>MED report highlights problems for high value exporters</title>
      <description>The Ministry of Economic Development has released their Briefing to the Incoming Minister of Economic Development. 

 They discuss the reasons for ‘knowledge intensive’ exports flat lining from...</description>
      <link>http://www.realeconomy.co.nz/252-med_report_highlights_problems.aspx</link>
      <pubDate>Fri, 03 Feb 2012 12:37:16 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">251</guid>
      <title>Sales bounce at year end</title>
      <description>The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during January 2012, shows total sales in December 2011 increased 5.27% (export sales...</description>
      <link>http://www.realeconomy.co.nz/251-sales_bounce_at_year_end.aspx</link>
      <pubDate>Fri, 03 Feb 2012 09:55:59 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">250</guid>
      <title>Monetary policy matters</title>
      <description>A change in the Reserve Bank Governor provides an ideal catalyst to change the Policy Targets Agreement between the Reserve Bank and the Government say the New Zealand Manufacturers and Exporters...</description>
      <link>http://www.realeconomy.co.nz/250-monetary_policy_matters.aspx</link>
      <pubDate>Thu, 02 Feb 2012 13:24:55 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">249</guid>
      <title>New RBNZ Governor and prospects for policy change</title>
      <description>Some reaction on Dr Alan Bollard's resignation as Governor of the Reserve Bank looking at the potential candidates for the job and whether the change could be a catalyst for broader monetary policy...</description>
      <link>http://www.realeconomy.co.nz/249-new_rbnz_governor_and_prospect.aspx</link>
      <pubDate>Tue, 31 Jan 2012 14:25:24 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">248</guid>
      <title>RBNZ must respond to quantitative easing and lower interest rates elsewhere</title>
      <description>The Reserve Bank of New Zealand (RBNZ) needs to respond to unorthodox monetary policy implemented elsewhere if we are to see an export lead recovery this year say the New Zealand Manufacturers and...</description>
      <link>http://www.realeconomy.co.nz/248-rbnz_must_respond_to_quantitat.aspx</link>
      <pubDate>Thu, 26 Jan 2012 13:46:15 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">246</guid>
      <title>BBC: What really caused the eurozone crisis?</title>
      <description>A graphic on the BBC &lt;http://www.bbc.co.uk/news/business-16301630&gt; points out that the fiscal responsibility rules being imposed as a result of bailouts in Europe were also imposed in 1997 when the...</description>
      <link>http://www.realeconomy.co.nz/246-bbc_what_really_caused_the_eur.aspx</link>
      <pubDate>Wed, 25 Jan 2012 12:06:45 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">245</guid>
      <title>Geoff Bertram: Some thoughts on exchange rate overvaluation and bank regulation</title>
      <description>This is a presentation by Geoff Bertram to the Fabian Society in July last year.

 He comments on potential options to prevent exchange rate overvaluation:

...</description>
      <link>http://www.realeconomy.co.nz/245-geoff_bertram_some_thoughts_on.aspx</link>
      <pubDate>Fri, 20 Jan 2012 14:26:02 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">244</guid>
      <title>CPI down, OCR cut makes sense</title>
      <description>The Consumers Price Index has dropped 0.3% in the December quarter and inflation increased by 1.8% year on year, well within the target band. That allows plenty of room for monetary policy that...</description>
      <link>http://www.realeconomy.co.nz/244-cpi_down_ocr_cut_makes_sense.aspx</link>
      <pubDate>Thu, 19 Jan 2012 15:48:25 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">243</guid>
      <title>Andrew Hooker: Insurance Aftershock</title>
      <description>Andrew Hooker writes an article for interest.co.nz &lt;http://www.interest.co.nz/news/57487/insurance-specialist-andrew-hooker-speculates-possible-insurance-aftershock-could-wipe-ou&gt;on how the...</description>
      <link>http://www.realeconomy.co.nz/243-andrew_hooker_insurance_afters.aspx</link>
      <pubDate>Tue, 17 Jan 2012 14:20:01 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">242</guid>
      <title>Currency a problem to be managed</title>
      <description>New Zealand’s currency overvaluation cannot be simply put down to economic weakness elsewhere say the New Zealand Manufacturers and Exporters Association (NZMEA). It is the monetary policy contrast...</description>
      <link>http://www.realeconomy.co.nz/242-currency_a_problem_to_be_manag.aspx</link>
      <pubDate>Mon, 16 Jan 2012 14:40:29 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">241</guid>
      <title>Modern economies need manufacturing</title>
      <description>Ray Keefe writes about a presentation from Professor Goran Roos &lt;http://www.successful.com.au/blog/2011/12/16/modern-economies-need-manufacturing/&gt; to the South East Business Network on Australian...</description>
      <link>http://www.realeconomy.co.nz/241-modern_economies_need_manufact.aspx</link>
      <pubDate>Thu, 22 Dec 2011 11:28:15 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">240</guid>
      <title>A better but uncertain end to the year</title>
      <description>The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during December 2011, shows total sales in November 2011 increased 4.24% (export sales...</description>
      <link>http://www.realeconomy.co.nz/240-a_better_but_uncertain_end_to_.aspx</link>
      <pubDate>Thu, 22 Dec 2011 09:27:57 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">239</guid>
      <title>Slow insurance action heads raft of earthquake issues</title>
      <description>Insurance issues are topping the list of concerns from manufacturers after the Canterbury earthquakes say the New Zealand Manufacturers and Exporters Association (NZMEA). The City Plan, electricity...</description>
      <link>http://www.realeconomy.co.nz/239-slow_insurance_action_heads_ra.aspx</link>
      <pubDate>Wed, 21 Dec 2011 13:20:47 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">238</guid>
      <title>Port strike hits supply chains hard</title>
      <description>Exporters are paying a high price for the industrial conflict at the Ports of Auckland say the New Zealand Manufacturers and Exporters Association (NZMEA). News of further strike action from the...</description>
      <link>http://www.realeconomy.co.nz/238-port_strike_hits_supply_chains.aspx</link>
      <pubDate>Fri, 16 Dec 2011 16:11:28 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">237</guid>
      <title>Brian Fallow: Does NZ really need 28 ministers?</title>
      <description>Brian Fallow comments on the number of ministers used by successive Governments in an article for the Herald...</description>
      <link>http://www.realeconomy.co.nz/237-brian_fallow_does_nz_really_ne.aspx</link>
      <pubDate>Thu, 15 Dec 2011 11:55:06 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">236</guid>
      <title>RBNZ remains reluctant to act</title>
      <description>The Reserve Bank’s reluctance to act upon serious economic problems demonstrates the need for Reserve Bank Act changes say the New Zealand Manufacturers and Exporters Association (NZMEA). The...</description>
      <link>http://www.realeconomy.co.nz/236-rbnz_remains_reluctant_to_act.aspx</link>
      <pubDate>Thu, 08 Dec 2011 15:25:09 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">235</guid>
      <title>Neville Bennett 2006: How Reserve Bank inflates economy</title>
      <description>Neville Bennett writes on the monetary policy problems facing the traded economy in September 2006. He notes the ever increasing money supply's impact on inflation control, the appearance of a...</description>
      <link>http://www.realeconomy.co.nz/235-neville_bennett_2006_how_reser.aspx</link>
      <pubDate>Mon, 05 Dec 2011 16:20:43 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">233</guid>
      <title>Cut OCR to match northern economies</title>
      <description>The New Zealand Manufacturers and Exporters Association (NZMEA) is advocating an Official Cash Rate (OCR) cut next week in response to the problems in Europe and the USA. A cut would help to take...</description>
      <link>http://www.realeconomy.co.nz/233-cut_ocr_to_match_northern_econ.aspx</link>
      <pubDate>Fri, 02 Dec 2011 11:17:49 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">232</guid>
      <title>Risks outweigh opportunities for manufacturers</title>
      <description>The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during November 2011, shows total sales in October 2011 decreased 6.33% (export sales...</description>
      <link>http://www.realeconomy.co.nz/232-risks_outweigh_opportunities_f.aspx</link>
      <pubDate>Fri, 02 Dec 2011 08:51:04 GMT</pubDate>
    </item>
    <item>
      <guid isPermaLink="false">230</guid>
      <title>Retail banking must get back to basics: Gareth Morgan</title>
      <description>Gareth Morgan writes about the problems in the banking sector since 2007 in an article for the Herald &lt;http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&amp;objectid=10769426&gt;:

 Three decades...</description>
      <link>http://www.realeconomy.co.nz/230-retail_banking_must_get_back_t.aspx</link>
      <pubDate>Wed, 30 Nov 2011 12:23:12 GMT</pubDate>
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