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


Industry group calls for a sensible approach

27 April 2005

Industry group calls for a sensible approach to legislation

Natural Products New Zealand is taking a stand against opponents to the proposed Trans-Tasman joint agency (JTA) to regulate natural health products believing a joint agency will help ensure consumer safety and the continuation of the industry.

Natural Products New Zealand represents a significant proportion of New Zealand natural health product manufacturers, from large companies such as Healtheries to small practitioners, and $300 million in annual turnover from domestic and export sales.

Ron Geiger, chair of Natural Products New Zealand and managing director of Alaron Products, said the industry wants to see a joint agency introduced which contains sensible regulation and appropriate risk-based manufacturing standards, and not just a copy of the Australian TGA regulations.

“Ensuring the safety and quality of ingredients and final products is not only essential for consumers but it will have a significant impact on export opportunities for New Zealand manufacturers.

“You would have to take a second look at any manufacturer that was not welcoming a cost effective regulatory system and that does not recognise the necessity for this approach.

“We will be working towards a system that will uphold the integrity of the industry while minimising the impact in terms of compliance. For exporters to Australia, we are looking for reduced compliance costs. It needs to be one that companies can work with and will provide the momentum to grow the industry. Trans Tasman harmonisation is a goal for the business leaders of both political parties,” concluded Mr Geiger.

Natural Products New Zealand is one of several industry bodies invited to consult with Government to progress a new regulatory framework that will work in harmony with New Zealand’s natural health sector.


© Scoop Media

Business Headlines | Sci-Tech Headlines


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