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Govt commended

PA Wellington The chairman of New Zealand Industrial Gases, Ltd, Mr Ron MacDonald, told shareholders at the annual meeting in Wellington yesterday that all sectors of the economy had to bite the bullet even more firmly in the upcoming year. He said New Zealand was strong enough to withstand the resulting pressure, but this strength was based on many in the economy, including unions, management and employers, realising New Zealand was no longer an isolated concern.

Mr MacDonald said he trembled when he read of the strengthening of the European economy. While it might provide more markets for some New Zealand products, those countries with greater growth, lower inflation and wage rises would be far more serious competitors internationally. He commended the Government on its initiatives, and for not compromising on its plans: He told the meeting that NZIG, with its sound leadership and team spirit, was ready to face a challenging year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19851214.2.97.10

Bibliographic details

Press, 14 December 1985, Page 21

Word Count
155

Govt commended Press, 14 December 1985, Page 21

Govt commended Press, 14 December 1985, Page 21