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


2007? What Do Employers Do Now?!!

Employers across the country will view today’s tertiary education announcement from Steve Maharey with caution, and in some cases, considerable irritation.

Employers & Manufacturers Assoc. (Central) chief executive Paul Winter says the Minister’s comments sound positive, but in fact expose the Government’s struggle to take a leadership role and implement policy which truly helps business grow.

Mr Maharey says employers can expect “more relevant and flexible skills from graduates in five years”. What are they supposed to do in the meantime, as they cope with skills shortages across the country?

“Does this mean the Government knows the graduates available now, and for the next five years, are not going to have all the skills employers need? If so, why has it taken this Government two and a half years to reach this conclusion, and having finally done so, why does it take another five years to see the benefit from it?”

New Zealand business confidence is certainly being tested by this Government, Mr Winter says.

“Compliance costs are rising, ratifying the Kyoto Protocol will cost us growth and jobs, and the country is in the grip of a skilled worker shortage, the like of which we have not seen for decades.

“Student debt is still a major burden to young people, their families and the community. Despite more New Zealanders returning home since September 11, which helps meet skill shortages, graduates with considerable debt are still likely to want to quit New Zealand and work overseas,” he says.


© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news