‘Exporters suffering’
PA Tauranga New Zealand exporters are still suffering from the New Zealand dollar float, says an export adviser.
Mr Bruce Renshaw, general manager of Focus New Zealand, an export marketing venture, was in Tauranga on a New Zea-land-wide tour of export seminars. Focus New Zealand was set up three years ago by the Export Institute of New Zealand and the Department of Trade and Industry to arrange industry group promotions of New Zealand products in Australia. Mr Renshaw said exporters were still experiencing hang-over effects from the strengthening of the New Zealand dollar last year, particularly against the Australian dollar.
It has made exporting from New Zealand to Australia on a price basis very difficult, he said. “Many companies lost a lot of business late last year and are now finding it very difficult to get that back again,” “When you. combine the effects of the relatively strong New Zealand dollar and the very high interest rates in New Zealand, we are gradually becoming uncompetitive,” he said.
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Press, 15 April 1986, Page 31
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169‘Exporters suffering’ Press, 15 April 1986, Page 31
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