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

 


Norsewear Welcomes Buy Kiwi Made Funding Programme

21 December 2006

Norsewear Welcomes Buy Kiwi Made Funding Programme

Norsewear Chief Executive Robert Linterman is welcoming the opening of the initial funding round for the contestable $3 million Buy Kiwi Made Regional and Sector Initiatives Fund.

“This Fund has the potential to give some tangible support to the 100% Kiwi companies who have made the decision to keep their operations on-shore. These companies are the backbone of local manufacturing and richly deserve a little support,” says Mr Linterman.

“I am pleased that the Fund will only be open to projects which are ‘New Zealand-based and focused’. Companies which manufacture off-shore will have to look elsewhere. That is precisely what Buy Kiwi Made was set up to mean,” he says.

“Norsewear is an iconic New Zealand manufacturer and we will be looking at the opportunities presented by this new Fund. The decision not to fund individual companies is logical and we will be looking hard at how we can work with other firms across sectors or across regions to develop a robust application,” says Mr Linterman.

“Whether we eventually obtain any funding or not, this Fund is good news for companies who have made the decision to remain true to country. Green MP Sue Bradford and the Government should be congratulated for this initiative,” he says.

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