What recession?

Press, 19 February 1983, Page 19

What recession?

The main, part of the Export Institute's Australian awareness programme, being run at present, was to get people to Australia and to get them into schemes that would work, said the president of the Institute, Mr Graham Boult, of Auckland, in Christchurch this week.Much more confidence needed to be generated and New Zealand businessmen had to be convinced that thev had to make Closer

Economic Relations with Australia, work, said Mr Boult. People at the moment were "talking themselves into the recession.” “Our feeling is forget the recession forget the prophets of doom, if you get out there and try you can achieve." In a recession there were still gaps in markets, and quite often big gaps, said the director of the institute, Mr Bruce Renshaw of Auckland.

These were often created by companies going out of business. “We see opportunities for New Zealand companies that are forward thinking and agrressive enough and prepared to take a risk in many situations, to enter those gaps.” Those that got a toehold in the market now and made their name well known, would be able to capitalise on their position when business improved.