HamiltonJet stung by Canterbury labour shortages

HamiltonJet stung by Canterbury labour shortages
HamiltonJet supplies waterjets and control units for commercial and recreational vessels. (Image: Supplied)
Oliver Lewis
As labour shortages continue to bite, iconic Canterbury company HamiltonJet is considering moving some of its manufacturing offshore.Founded by Sir William Hamilton, the company produces waterjet propulsion systems and control units from its factory in Christchurch, which employs more than 400 people.It has recently had a nearly fourfold increase in orders, which managing director Ben Reed attributed to stimulus spending by governments around the world in response to covid-19.However, difficulty finding skilled workers – the company has b...

More Economy

Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

RBNZ assistant governor resigns
Economy

RBNZ assistant governor resigns

The announcement comes just weeks after governor Adrian Orr suddenly quit.

John Anthony 17 Apr 2025
Annual inflation lifted 2.5% in the first quarter
Economy

Annual inflation lifted 2.5% in the first quarter

The lift was a tad higher than RBNZ forecasts. 

Staff reporters 17 Apr 2025