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

Air NZ's A-list influencer play
Economy Analysis

Air NZ's A-list influencer play

Air New Zealand's day of the bigwigs gives corporates a say. 

Pattrick Smellie 02 Dec 2023
Fonterra wants govt to push hard on US
Primary Sector

Fonterra wants govt to push hard on US

Foreign minister Winston Peters made a direct appeal at the US business summit for an FTA.

Riley Kennedy 01 Dec 2023
The RBNZ looks to have one more hike up its sleeve
Economy

The RBNZ looks to have one more hike up its sleeve

There is a 75% chance of another 25 basis point rate hike. 

Rebecca Howard 30 Nov 2023
NZ govt bond tender tipped to perform well
Economy

NZ govt bond tender tipped to perform well

The debt management office will tender $500 million nominal NZ government bonds. 

Rebecca Howard 30 Nov 2023