Business Leaders Call for Urgent Action to Save New Zealand Industry
The Employers and Manufacturers Association (EMA) has warned that New Zealand is losing its industrial base too quickly. In a new report presented to Members of Parliament (MPs), the group called for immediate political action to stop what they describe as "rapid de-industrialisation." This term refers to the closing of factories and the loss of manufacturing jobs across the country.
The EMA’s pre-election plan outlines several steps that the next government should take to support local businesses. They argue that without a clear strategy, New Zealand will become too dependent on products from overseas. This could lead to higher prices for consumers and fewer high-skilled jobs for local workers.
According to the association, many businesses are struggling with high costs and difficult regulations. These challenges make it hard for New Zealand companies to compete with international brands. The EMA believes that politicians need to focus on creating a better environment for companies to grow and stay within the country.
This issue is particularly important for regional areas where large factories are often the main source of employment. If these industries continue to decline, many small towns could face economic difficulties. The EMA wants to ensure that manufacturing remains a strong part of the national economy for future generations.
As the general election approaches, the EMA is urging all political parties to consider their proposals. They believe that protecting the country’s industrial sector is essential for a stable and successful economy. The group hopes that their plan will lead to new policies that encourage investment and innovation in New Zealand.