Trade deficit a growing problem

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during August 2013, shows total sales in July 2013 decreased 2.62% (export sales decreased by 3.7% with domestic sales decreasing 1.74%) on July 2012. The NZMEA survey sample this month covered NZ$551m in annualised sales, with an export content of 44%. […]

Fonterra’s false alarm shows danger of ‘crying wolf’

Victoria and Otago Marketing academics provide expert comment on the Fonterra crisis: Although it is good news that Fonterra received the ‘all clear’ from the Ministry for Primary Industries yesterday, a lot more needs to be done to restore New Zealand’s reputation, say academics from Victoria University of Wellington and the University of Otago. Dr […]

High-tech manufacturing sector continues to grow

The high and medium-high technology manufacturing sectors have shown growth and resilience despite global economic challenges, a new Government report shows. The High and Medium-High Technology Manufacturing Sectors Report was recently released by Economic Development Minister Steven Joyce. High-tech manufacturing includes pharmaceuticals, aircraft manufacture, professional and scientific equipment manufacturing, and computer and electronic manufacturing. It […]

Enhanced integrated electrode solution

A range of enhancements has been added to the Delcam Electrode integrated solution for the design, machining and inspection of electrodes. The new version includes support for burn-vector electrodes, automated machining of electrode frames, batch processing of multiple machining projects and faster generation of electrode drawings. Delcam Electrode also benefits from a number of options […]

Versatile swivel lamp

Two versatile and compact L.E.D interior lamps may well shine more light throughout the interiors of caravans, motors homes and boats. The two newcomers feature a swivel action that allows the lens to be rotated 180¼ for fast and easy adjustment of the light to where it is required. The new multi-voltage 9-33Volt L.E.D lamps […]

Manufacturing in crisis, but not here

By Bruce Goldsworthy, EMA, Manager of Advocacy and Manufacturing Services. The crisis in manufacturing makes grim reading, but thankfully for New Zealand its happening in Australia, not here. Unlike their counterparts across the ditch, Kiwi manufacturers are showing every sign of resilience and investor confidence. The evidence for the Australian story is most bleak in […]

Alarm over extent of workplace drug problem

The extent and cost of drugs affecting the workplace and work output has raised the alarm with the Employers and Manufacturers Association.  Over half of the workplaces responding to a recent EMA survey* said they have had to take disciplinary action with an employee over a drugs issue. “Nearly half of the employers (46 per […]

LVR “speed limits” welcome and necessary

The Reserve Bank of New Zealand (RBNZ) has released the details on restrictions to high loan to value ratio mortgages, which will come into effect on the 1st of October. This is a positive step forward in addressing some of the issues immediately facing our economy; this and more tools will be needed, say the […]

Trend setter

Manufacturing activity for July continued the trend of healthy expansion in the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).  The seasonally adjusted PMI for July was 59.5 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining). This was 4.3 points higher […]

State of the Environment reporting good news for business and the environment

Today’s announcement by the Environment Minister Amy Adams that the Government will legislate for independent environmental reporting is an important step forward for the future of New Zealand’s economy and environment, says the Sustainable Business Council, a division of BusinessNZ.  Penny Nelson, Executive Director of the Sustainable Business Council, says “This is welcome news as […]