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

 


Chamber Welcomes New CER Rules Of Origin

3 February 2006

Chamber Welcomes New CER Rules Of Origin

The Wellington Regional Chamber of Commerce welcomes the progress that has been made to update the rules which determine country of origin under the CER Agreement between Australia and New Zealand.

“The previous rules, based on 50% regional value content were acting as a disincentive to efficiency gains being made by New Zealand companies” said Charles Finny Chamber CEO. “The new rules, based largely on change in tariff classification are a huge improvement. New Zealand businesses have been encouraging this change in rules for many years.

We know that successive New Zealand Governments have been seeking this change on behalf of New Zealand exporters for at least 10 years.

Australia has been reluctant to move because it was seeking to protect Australian industry. The fact that agreement has now been reached to make the change is a major achievement. I congratulate the Government and Officials from MFAT and MED who have worked so hard for so many years to improve these rules”, he continued.

“The only negative appears to be in the area of Men’s and Boys’ apparel where it seems the old rules will apply until 2010, before being liberalised slightly. Clearly Australian protectionist instincts are still strong in this area, where a number of companies in the Wellington area are active and strong.

We hope that the Government will work hard to bring the rules applying to this important sector into line with the rest of our export sectors”, Charles Finny concluded.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

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:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news