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


Drop In The Bucket For Textiles And Clothing

Media release
11 December 2003

Drop in the bucket for textiles and clothing

The Government's transitional plan for the textiles and clothing industry does not show much commitment to innovation and growth, says Business NZ.

"The high-end fashion design industry stands to be gutted of cutting, machinist and other skills if the T-shirt making part of the industry founders under tariff reforms, so a transition strategy is clearly needed.

"There is a critical mass of skills that needs to be nurtured through the next five years or so, to avoid those skills being lost to the industry forever.

"The cost of maintaining those skills should be compared with the cost of paying the dole for those whose age, skill levels or location may otherwise make the unemployment benefit their only realistic option. "In this context a grant of $200,000 is a drop in the bucket - neither capable of supporting a growth and innovation strategy nor of capitalising on existing skills.

"The OECD recently criticised New Zealand for its 'passive' welfare system - in other words for failing to actively support people into productive work. Allowing clothing manufacturing skills to dissipate and skilled workers to simply move onto the dole is a pertinent example of this.

"Every local WINZ office would dish out more than $200,000 every afternoon. A $200,000 grant for the textiles and clothing industry is not enough to make a meaningful impact on regional development and future economic growth."


© 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