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


Fisher & Paykel Auckland Jobs Safe

17 April 2008

Media Release

Fisher & Paykel Auckland Jobs Safe – In The Meantime

Auckland Chamber of Commerce chief executive Michael Barnett says he has been assured by Fisher and Paykel that it has no plans at this time to move its Auckland refrigerator production facility offshore.

This follows the announcement that F&P intends relocating its Dunedin cooker and dishwasher production overseas with the loss of 430 jobs.

The refrigeration manufacturing facility employs some 500 Aucklanders, including 150 engineers.

“The company has told me that the location of its production facilities is always under review, but there are no plans to relocate the Auckland plant. The company says it will have its hands full for quite some time shifting the Dunedin plant overseas.”

Mr Barnett says he accepts that there is a global trend for manufacturing to move to developing countries. “But my very real concern is that Fisher and Paykel says increasingly complex and expensive compliance costs have contributed to the Dunedin decision.”

“Government rules and regulations are more likely to destroy jobs than create them. To take a recent New Zealand example one can legitimately wonder about the cost in jobs of the decision by this Government to force employers to provide an extra week of annual leave.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>