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

BNZ looks to economic uptick supporting its full year 2026 outturn
Finance

BNZ looks to economic uptick supporting its full year 2026 outturn

BNZ is the latest bank to cautiously spruik GDP growth in 2026.

Andy Macdonald 07 Nov 2025
RBNZ says risks linked to new mortgage lending contained
Economy

RBNZ says risks linked to new mortgage lending contained

House prices near the top of RBNZ's range of sustainable estimates.

Staff reporters 06 Nov 2025
‘Remarkable growth’: Fulton Hogan posts higher profit
Economy

‘Remarkable growth’: Fulton Hogan posts higher profit

Fulton Hogan paid a total dividend of $180.4m for 2025.

Duncan Bridgeman 05 Nov 2025
NZ's financial stability risks higher than in recent years
Finance

NZ's financial stability risks higher than in recent years

The RBNZ says global uncertainty and underperformance are key factors.

Staff reporters 05 Nov 2025