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

 


Manufacturing Strategy Needs A Change Of Attitude

10th February 2005

Manufacturing Strategy Needs A Change Of Attitude

"The governments announcement of a Manufacturing Summit is welcomed" says Alasdair Thompson, chief executive, Employers and Manufactures Association (Northern).

"Given the importance of manufacturing as our largest employer and its role as an exporter, investing in manufacturing and lifting its productivity, raising research and development , design and innovation are hugely important to raising the per capita incomes of New Zealanders.

"The environment for manufacturing must be conducive to establishing and growing manufacturing plants. We know the Resource Management Act, product legislation such as HSNO (hazardous substances and noxious organisms), rules for depreciation and expensing R&D, free trade agreements are all important issues to manufacturers and their employees.

"The EMA's call for company tax cuts likewise is to improve the overall environment for business investment which is lower than Australia's and explains why productivity per capita is also lower here.

"It is important to remember that the movement of manufacture overseas is not always one way and New Zealand needs to create and exploit its advantages.

"The closure of the HMG plant in Sydney and current relocation of operations to the HMG Manukau plant is an example of this. The significant upgrade investment and plant expansion demonstrates that with the right support New Zealand can attract and retain high export earning manufacturing businesses.

"In this instance the willingness of the Manukau City Council to fast track RMA procedures and the efficiency of the New Zealand plant meant that it was commercially viable and more attractive than investing in upgrading the Sydney plant.

EMA is developing a manifesto for manufacturing and we see the proposed manufacturing summit as an opportunity to identify policy priorities to increase investment in New Zealand's manufacturing productivity.

ENDS

© 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>>

ALSO:

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>>

Earlier:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news