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

 


Good things happening, always room for more

Good things happening, always room for more - ExportNZ assesses Business Growth Agenda

ExportNZ welcomes the latest version of the Business Growth Agenda and says it’s a good document because it pulls together all the actions being taken by Government to boost export growth and measure progress.

Catherine Beard, Executive Director of ExportNZ, says “Export growth is currently being driven by demand from China and is a largely a food, fibre and timber success story. This underpins the need for any government to stay focussed on high quality free trade agreements and continued investment in more resources in China and the Asia Pacific.

“ExportNZ welcomes increased government investment of an extra 25 people in China, but given the importance of this market and its complexity, would question whether 25 people across the MPI, NZTE, MFAT and Police is enough?

“We also need to spread our market risk, so it’s good to see more government representatives on the ground in the Middle East, Africa and Columbia. Exporters tell us that ‘in-market’ assistance is invaluable.

“ExportNZ is pleased to see more thought going into our domestic regulatory environment that will help shore-up our reputation for high quality exports. Standards are important in all aspects of what we do and we want to be known for high quality, safe, reliable and innovative products and services. Our domestic regulatory system has a part to play in this.

“While building diversity of markets is one aspect of spreading our risk, so is building diversity of exporters. ExportNZ would like to see more government assistance for building exporters of scale.

“In the absence of a large domestic market, with few multinationals, how do we build export capable companies of greater scale with deeper pockets?

“ExportNZ would like to see greater strategic use of government procurement’s $30 billion annual spend, to ensure domestic companies are somewhere in the supply chain in larger projects. This will help them become more internationally supply chain capable, encourage investment and give them big foundation clients when they enter overseas markets.

“We would also like to see more government programmes that facilitate ‘collaboration onshore to compete offshore’. Collaborations and clusters are one way to scale up the offering of small to medium sized companies and we need to do more of it.

“ExportNZ would like to see on-going and deeper investment in capability building programmes like Better by Design and easier access to R&D assistance.

“It would also be good if all political parties could have a population policy with a view to growing a bigger domestic market, which in turn would grow bigger companies. Australia is predicted to grow by 15 million people by 2050 on current policy settings. What population growth are we planning for in New Zealand?”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news