web analytics

exports

Categories under exports

  • No categories

Manufacturing crisis deepens

Written By: - Date published: 7:34 am, November 7th, 2012 - 81 comments

Yesterday, 60 highly paid jobs at Rakon where lost and we learned 5,700 manufacturing jobs had been lost in the past year. The reason, the high dollar made manufacturing here untenable. Steve Joyce shrugged his shoulders like it was nothing to do with him. But it’s his government’s failures that are forcing Kiwi manufacturers overseas.

Out of touch on jobs

Written By: - Date published: 8:05 am, October 26th, 2012 - 9 comments

Yet National’s position is that there isn’t a problem, let alone that they can do anything about it.

‘What crisis?’ Rudderless ship, stormy seas

Written By: - Date published: 8:03 am, October 14th, 2012 - 132 comments

There is ample evidence of a deep and lasting crisis, but in the delusional world of Planet Key it doesn’t exist. The EPMU Job Crisis Summit  opened a much needed conversation.  Russel Norman likened the New Zealand economy to a rudderless sailing ship In Stormy Seas.  Will the summit be the start of a sea change for NZ?

Selling New Zealand: 100% Muddle-Urf

Written By: - Date published: 9:45 am, October 11th, 2012 - 18 comments

Why is John Key backing the flagging tourist industry as a major export earner for NZ’s future? His trip to Hollywood was partly about using the Hobbit to promote NZ as a tourist destination. Why is the government so fixated on attracting more US tourists?

Greens call for new tools, QE to save jobs

Written By: - Date published: 9:51 am, October 7th, 2012 - 327 comments

40,000 manufacturing jobs gone in four years. Manufactured exports in free-fall. Tourism revenue collapsing. If that’s not a crisis, what is? Why is the government going to do? Nothing. Nothing. On Q+A, Russel Norman put forward a solid proposal: lower the OCR, new tools to stop housing booms, and quantitative easing to pay for Christchurch […]

Granny says – you can’t do that

Written By: - Date published: 9:30 am, September 21st, 2012 - 16 comments

The ever forward looking and even-handed Herald devotes its editorial to attacking Labour for supporting Winston Peters’ Bill to make some small changes to the Reserve Banks’ objectives to bring them more in line with Australia’s. Leaving aside the fact that the Herald hasn’t attacked NZF or the 3 other parties who support this, only Labour, isn’t it time Granny got with the programme?

Joyce floundering on manufacturing

Written By: - Date published: 11:27 am, September 11th, 2012 - 15 comments

Talk fast, shoot the messenger, and spin like a top. That’s Joyce’s style, trying to defend the indefensible; National’s neglect of New Zealand’s manufacturing industry.

Joyce’s voodoo politics and zombie economics

Written By: - Date published: 9:34 pm, August 23rd, 2012 - 11 comments

On The Nation last weekend  Joyce insisted he was busy talking to business about export growth; he obviously wasn’t listening, as  exporters’ number one problem is our over-valued and highly speculated exchange rate. He called Labour’s fresh approach to this problem  “voodoo economics.” Switzerland, Singapore and Denmark? This week David Cunliffe will be on the Nation showing that the Labour  economic team are alive to new ideas needed.

Hands on Labour

Written By: - Date published: 9:51 pm, August 16th, 2012 - 31 comments

Fresh ideas to grow a stronger manufacturing sector, on top of the major changes Labour has already signalled featured in a speech given today by David Parker to a union audience in Wellington. David Cunliffe was there too,  and I particularly liked the  discussion afterwards. The key players are receptive to good ideas and it looks like Labour will have a real alternative to offer at the next election.

Making it here

Written By: - Date published: 10:42 pm, July 1st, 2012 - 13 comments

SST Business Editor Rob O’Neill said today: “There is a great deal of lip-service paid to “innovation” in business. What is not often acknowledged is how embedded innovation can be in manufacturing. Making stuff, or being able to talk freely with the people who do, can be a source of inspiration and great ideas for companies.” I got a lot of inspiration from Swedish Academic Goran Roos on this topic in Auckland on Friday. South Australian Premier Jay Weatherill has asked him to head up their manufacturing strategy next year. We could do with someone like him too.

Know when to fold ’em

Written By: - Date published: 7:29 am, June 19th, 2012 - 8 comments

Key’s ditched  the surplus target that was so important a month ago –  yet another casualty on the way to the brighter future. The Queen may have asked him why he didn’t see European contagion coming. Shearer is right – Europe is an excuse for a government that has run out of ideas. Labour does have a fresh approach – we need to hear more.

At least Parker’s onto it

Written By: - Date published: 5:33 pm, June 5th, 2012 - 80 comments

The news out of Europe, China and Australia is looking worse by the day. What’s coming at us doesn’t look pretty. I was about to do a post saying I hoped someone in Labour was doing some scenario planning and was very pleased to see today that Parker’s  eyes are open.

Greens Budget Alternative

Written By: - Date published: 1:11 pm, May 21st, 2012 - 68 comments

The Greens launched their Budget alternative this morning. Titled “Smart Green Economics” it lived up to the billing.  Extra heft was provided by BERL economist Dr Ganesh Nana  paper arguing that the Government’s asset sales programme leaves the government accounts permanently worse off. It was also good to hear about opportunities and their alternatives. We’ve had enough of TINA.

The reverse Midas touch: exchange rates

Written By: - Date published: 9:10 am, April 23rd, 2012 - 57 comments

John Key likes to trade on his experience as a, well, trader. You know, he’s the deal maker. The one to steer us through tough economic times, to get our exports growing. He understands the markets and that knowledge will benefit New Zealand. But, how well has he really done? Let’s start this series close to home for Key: the exchange rate.

Cunliffe on DIRA

Written By: - Date published: 11:09 am, April 4th, 2012 - 31 comments

Against the will of the Fonterra farmer Shareholder’s Association, National is trying to destroy Fonterra’s cooperative model on vague grounds about access to capital. The end result will be the one world-leading, world-scale company we have, which brings in 20% of our export earnings, will start sending it profits offshore. David Cunliffe makes the case passionately and eloquently.

Workers take PoAL management back to court

Written By: - Date published: 10:14 am, March 27th, 2012 - 6 comments

Mediation broke down in the Port dispute again yesterday with the PoAL management still refusing to make any concessions. So it’s back to court for a ruling on PoAL’s lockout without notice. Hopefully, the Court will side with reason, force the Port to allow the workers back and impose  compensation for lost wages along with hefty fines.

Ministry of National Significance?

Written By: - Date published: 9:51 pm, March 13th, 2012 - 16 comments

The trailers for John Key’s Thursday speech are calling it for a ” new super-Ministry” under the command of Steven Joyce. Merger isn’t the issue – the policy direction is. If Joyce just stays focussed on roads of national significance, mines and oil wells of national significance, and casinos of national significance it will be another waste of time reshuffle. If it becomes genuinely high quality export focussed, then it may prove worthwhile. Fingers crossed.

Hickey on playing by the rules

Written By: - Date published: 8:49 am, February 5th, 2012 - 129 comments

While the rest of the world is moving away from the ‘hands off’ monetary policy that became fashionable in the 80s, our government insists on playing by the outmoded neoliberal ‘rules’ of a clean float. Well, what happens when everyone else ‘cheats’ by printing free money to drive their currencies lower and we sit on our hands? We lose our assets and our exporters.

Report shows ports not to blame for freight costs

Written By: - Date published: 10:19 am, January 13th, 2012 - 5 comments

The Productivity Commission reports that freight costs are 25% higher here than in Australia and freight costs as a % of cargo value has risen in recent years. Their solution? Make the public and port workers poorer by privatisation and casualisation. Of course, those are ideological goals, not solutions to the freight cost issue, which has nothing to do with ports.

Savings: National’s failing

Written By: - Date published: 9:01 am, November 2nd, 2011 - 9 comments

National have a rubbish short-term plan for Government debt: Asset Sales.

But they have no plan at all for the private debt that is forecast to blow out worse than ever under their policies. Bit like the economy in general really.

1 in 5 Canty Uni jobs cut

Written By: - Date published: 9:07 am, September 2nd, 2011 - 11 comments

The Tertiary Education Union has revealed that 350 jobs are for the chop at Canterbury University – 18% of the workforce. The Uni, hardly reassuringly, says its 100 to 500. The Nats blame the quake. That’s rubbish. These kind of cuts will permanently gut the Uni, leaving it in no position to be part of the recovery. National: the anti-education government.

Free trade suckers

Written By: - Date published: 10:45 am, August 30th, 2011 - 38 comments

Free trade is meant to be about opening up markets for our exports so that we can improve our trade balance and, ultimately, become less indebted as a nation. Yet the opposite seems to be happening. Darkhorse shows that this is the experience of all countries that lower their trade barriers in a still largely protectionist world.

End slavery in NZ, create 2,500 Kiwi jobs

Written By: - Date published: 2:53 pm, August 7th, 2011 - 25 comments

Next week, a report will reveal the abuse of 2,500 foreign workers used as virtual slaves on ships employed by kiwi fishing quota holders in our waters. By rights, we should have a world renowned fishing fleet. Instead, we let our potential go to waste and employ foreign slaveowners and human traffickers to do the work instead.

Chart o’ the day: more trouble brewing

Written By: - Date published: 10:46 am, July 27th, 2011 - 97 comments

Every US dollar we make in exports is worth 17% less in New Zealand than 4 months ago. Gonna get worse. How long’s this sustainable?

 

Chart o’ the day: trouble brewing

Written By: - Date published: 10:35 am, July 22nd, 2011 - 13 comments

Another big fall in dairy prices overnight. Yet the dollar keeps breaking record highs.

Dutch disease

Written By: - Date published: 5:10 pm, June 21st, 2011 - 68 comments

No it’s not a virus. It’s our dollar surfing on a dumper. Gareth Morgan and Neville Bennett have both written about it recently. Bennett says “There is increasing evidence that New Zealand is ailing. The symptoms are a high exchange rate, excessive foreign debt and a decline of the manufacturing sector.” The resulting damage if nothing is done, says Morgan, is  “a hollowing out of our non-commodity producing businesses, no correction in our household savings rate and in time, a balance of payments/external debt crisis as those factors conspire.” Bennett is not in the camp of those who say nothing can be done and offers some ideas backed up by the IMF. We need more thinking like that.

The next million

Written By: - Date published: 12:35 pm, February 12th, 2011 - 19 comments

Once upon a time New Zealand was the most prosperous country in the world, living on the sheep’s back. But that was when its population was only two million. The fruits of a raw commodity export sector now have to be spread over more than four million. We could provide decent jobs and income for all by processing these commodities in New Zealand.

Tackling the big issues

Written By: - Date published: 9:53 am, February 12th, 2011 - 59 comments

Key: So, Gillard’s coming. Are we talking about a single economic zone?
Groser: Umm. No. Mobile roaming charges.
Key: Christ, Tim. We’re really racking up wins for Kiwi exporters here, aren’t we?
Captain Panicpants: Your numbers with women are down over Hurley. They say you sounded disloyal and they empathise with Bronagh.
Key: Shit now that’s serious. Call the missus. We’ll do something cutsie and distracting.

Phil Goff’s State of the Nation

Written By: - Date published: 3:22 pm, January 25th, 2011 - 200 comments

Phil Goff has just delivered an excellent speech to start a year of laying out Labour Policy. $100/week tax free, stopping tax-dodging bludgers, support for R&D and exporters, correcting housing market anomalies and encouraging investment in the productive sector. There was a lot to like.

Too much of a Good Thing

Written By: - Date published: 12:57 pm, January 24th, 2011 - 42 comments

Higher commodity and food prices, we are told are a Good Thing. Our exporters (ie. Fonterra and foreign oil companies) get more money. But we consumers have to pay more to by the same products, so are we better off? And what about the poor saps overseas who are paying more for less, or the really poor saps who are priced out of the market?

Blood for milk? Pull the other one

Written By: - Date published: 8:44 pm, December 20th, 2010 - 28 comments

It’s surreal to see people who cried that not going into Iraq has cost us a trade deal with the US, now saying that the Reconstruction Team Labour sent was to get access for our milk exports. The claim’s based on a US Embassy cable but that doesn’t make it gospel. In reality, the Right wanted us to fight in Iraq to get an FTA with the US.

Recent Comments

Recent Posts

No feed items found.
No feed items found.

  • Government steps up action to prevent homelessness
    1000 new transitional housing places delivered by end of year to reduce demand for emergency motel accommodation. Introduce 25% of income payment, after 7 days, for those in emergency motel accommodation to bring in line with other forms of accommodation support. Over $70m extra to programmes that prevents those at ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Important step for new financial conduct regime
    Clear requirements for ensuring customers are treated fairly by banks, insurers and other financial service providers are included in new financial conduct legislation that passed its first reading today. “The recent reviews, by the Financial Markets Authority (FMA) and Reserve Bank of New Zealand, into the conduct of banks and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Applications invited for $7 million Regional Culture and Heritage Fund
    Applications are now open for the fifth round of the Regional Culture and Heritage Fund Associate Minister for Arts, Culture and Heritage Grant Robertson announced today.   “I am delighted to open this year’s fund which has some $7 million available to support performing arts venues, galleries, museums and whare ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Law Commission appointment celebrates Māori and women
    The Minister of Māori Development, Hon Nanaia Mahuta today congratulated Associate Professor Amokura Kawharu on her appointment as the next President of the Law Commission.  “Amokura Kawharu will be a standout in her new role, leading in an innovative and forward looking approach to the law reform process. She will ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Associate Professor Amokura Kawharu Appointed Law Commission President
    Auckland University legal academic Amokura Kawharu has been appointed as the next President of the Law Commission, Justice Minister Andrew Little announced today.    Associate Professor Kawharu will take up her new appointment on 11 May 2020.   “I would like to congratulate Associate Professor Kawharu on her appointment,” Andrew ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Minister of Employment launches Youth Ready Employer Programme
    A programme for employers to help them engage effectively with younger employees was launched today by Minister of Employment, Willie Jackson. The Youth Ready Employer Programme contains a range of on-line templates that employers can easily access to help with employing and retaining young people in their businesses. The programme ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Budget 2020 date announced
    Budget 2020 will be delivered on Thursday 14 May, Finance Minister Grant Robertson announced today. “This year’s Budget will continue the Coalition Government’s focus on tackling the long-term challenges facing New Zealand while also preparing the economy for the future. “Those challenges and opportunities cannot be resolved in one budget, ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Prime Minister’s tribute to former Prime Minister Mike Moore
    I move, That this House place on record its appreciation and thanks for the devoted and distinguished service to New Zealand by the late Rt Hon Michael Kenneth Moore, member of the Order of New Zealand, a member of Her Majesty's Most Honourable Privy Council, an Honorary Member of the ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Agriculture Minister declares adverse event in Northland
    Agriculture Minister Damien O’Connor has today classified the drought conditions in Northland as an adverse event for the primary sector, unlocking $80,000 in Government support. “This is recognition that the extreme and prolonged nature of this dry spell is taking its toll on our farmers and growers and additional support ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Police disrupt methamphetamine trade
    The Minister of Police says an operation to smash a trans national drug smuggling ring today will make a significant impact on the methamphetamine trade fuelling harm in our communities. Police have announced 10 arrests and the seizure of up to five million dollars’ worth of illicit drugs after an ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Crown accounts in good shape to counter global challenges
    The Government’s books are in a strong position to withstand global headwinds, with the accounts in surplus and expenses close to forecast, Finance Minister Grant Robertson says. The Treasury today released the Crown accounts for the six months to December. The operating balance before gains and losses (OBEGAL) was above ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Racing Safety Development Fund open for applications
    Race courses can improve safety with this year’s second round of funding from the Racing Safety Development Fund. Minister for Racing Winston Peters has announced the second funding round of 2019/20 is open with $347,875 available for distribution. “The racing industry is integral to the economic and social fabric of ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Strengthening New Zealand’s Immunisation System
    Hundreds of thousands of young adults will be offered measles vaccinations in a new campaign to strengthen New Zealand’s immunisation system, Associate Health Minister Julie Anne Genter said at its launch in Auckland today. “About 300,000 young adults aged between 15 and 29 are not fully protected against measles, and ...
    BeehiveBy beehive.govt.nz
    3 weeks ago