Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Trans Tasman Trade at risk

Media Release Monday, September 17th, 2001

Business alarmed at worsening trans Tasman relations

Exporters have been calling the Employers & Manufacturers Association today expressing deep concern over the potential backlash in Australia against New Zealand products due to the collapse of Ansett Airlines.

Australia is New Zealand's largest export market, Trans tasman trade including over $3 billion in services is now worth $14 billion annually according to figures from the Ministry of Foreign Affairs & Trade. Its rate of growth annually has been nearly 12 per cent for a decade.

"The CER partnership has delivered wealth and well being to all Australians and New Zealanders but we have an obligation to ensure all our people in both countries appreciate the extent of the benefits we have enjoyed from it," said EMA's chief executive, Alasdair Thompson.

"But business confidence is fragile, and the international situation jittery.

"EMA is talking to Air New Zealand, the Government, our legal advisors over liability in Australia, exporters and a cross section of our members to understand the risks we are facing, and how we can minimise them.

"We are exploring the damage that might occur if we were to lose substantial trans Tasman cargo capacity.

"Australia and New Zealand are more than good neighbours. We've played on the same team in every arena right from the beginning. Our good relationship must survive the present upset."

Alasdair Thompson tel 09 367 0911 (b) 09 303 3951 (h) 025 982 024

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Space: They Landed Robots On An Asteroid

On September 21, the small compact MINERVA-II1 rovers separated from the Hayabusa2 spacecraft... both rovers landed on the surface of asteroid Ryugu. The two rovers are in good condition and are transmitting images and data. More>>

RNZ: Court Of Appeal Rejects NZME-Stuff Merger

The Court of Appeal has turned down the proposed merger between media companies NZME and Stuff... The Commerce Commission had turned down the merger because of concerns about concentrating too much commercial and editorial power in one organisation. More>>

ALSO:

Cut Before Using: Australian Strawberries Withdrawn

Needles were found in a punnet of strawberries sourced from Western Australia, which was bought in a Countdown supermarket in Auckland. The Choice brand of strawberries was sold nationwide last week. More>>

ALSO:

Gordon Campbell: On The Tax Working Group’s Road Map

Trying to analyse the interim report on the Tax Working Group (TWG) is like trying to review an entire All Blacks game, but at the half- time mark… More>>

ALSO: