Business NZ faulted for failing to support export manufacturers, Opposition inquiry finds

Mon, 17 Jun 2013

By Pattrick Smellie June 17 (BusinessDesk) – The Opposition parties’ inquiry into manufacturing has found major “fissures” in the sector, with traditional agricultural producers pitted against new, high value industries, and industries focused on the local market less concerned about the high kiwi dollar than exporters. “This distinction lies at the heart of a long-standing concern about New Zealand’s over-dependence on the primary sector, a failure to diversify away from primary-related outputs, and a consequent decline in innovation, resea...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property
Precinct sees solid lease uplift, pays $8.3m in rent relief
Brent Melville | Thu, 18 Aug 2022

The listed property firm has seen its portfolio valuation climb by $400 million to $3.7 million.

Markets
Auckland Airport shares fall on weaker forward guidance
Dan Brunskill | Thu, 18 Aug 2022

Auckland Airport today said it expects profit to land somewhere between $50m and $100m, as travel in the Asia Pacific region recovers more slowly than in other parts of the world.

Finance
Kiwibank emphasises the 'Kiwi' as it posts record profit
Jenny Ruth | Thu, 18 Aug 2022

Kiwibank grew its business lending by three times the total bank lending growth in the year ended June.

Sponsored
In uncertain times, bricks and mortar hold steady

Can real estate provide a hedge against high inflation? Scott McKenzie, CEO of PMG Funds, talks about why tangible assets can be defensive and how PMG’s latest investment offer will help make the fund more resilient.

Sponsored
Communication the barrier to ‘human firewall’ technology

Communication is the barrier to New Zealand adopting the global Zero Trust cybersecurity strategy, says a new survey.