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Proposed ACC
levy reduction
welcomed
A new video from AIST, Japan's
BusinessNZ has welcomed
proposed lower ACC levies
for businesses in 2019-21,
as outlined in ACC’s recent
Discussion Document.
ACC is proposing a nearly
7% average reduction in the
Work Account levy which
if implemented would save
businesses $40-50 million per
year.
BusinessNZ chief executive
Kirk Hope says ACC levies
were a significant cost for many
businesses and the reduction was
welcome.
Mr Hope praised ongoing
improvements to levy setting
over recent years which have
improved transparency and ACC
accountability.
www.engineeringnews.co.nz
CPTPP move “momentous” for NZ
Precision Components is proud to announce we have
added even more capabilities to our services
Precision Components has built a reputation within the engineering sector not
only in NZ, but also internationally for producing high quality innovative work for
different industry sectors including marine, aviation, medical, science.
We are broadening our capabilities by adding a Specialised Welding Department
with state of the art digital welding equipment. Capable of welding aluminium,
steel & titanium as well as micro stainless steel. Adding to our CNC services
we are proud to introduce our 3 Axis CNC Router, suited for highly flexible
production and finish quality, regardless of component shape and dimension.
This allows us to add value to our existing services of machining, welding and
supplying our customers with a comprehensive manufacturing service all under
the supervision of our Quality Department upholding our high quality standard.
• Adding to our Precision Engineering • Everything from long-run
production to complex one-off prototype components •
• Highly qualified engineers driven by quality •
• ISO 9001:2015 accreditation •
Call for a quote: 09 415 4590 www.precisioncomponents.co.nz
SCM 3 Axis CNC Router
SCM Patrix S15 B CNC
Fronius MIG & TIG Welding
TPS 270i C Pulse / 4R/FSC
REN190
ExportNZ says the CPTPP ratification by
Australia is a momentous day for New
Zealand.
Australia’s ratification of the Comprehensive
and Progressive Trans-Pacific
Partnership has now delivered the quorum
required to start the process leading
to the CPTPP taking force.
ExportNZ executive director Catherine
Beard says the CPTPP deal, a tantalising
prospect for years, will now become a reality
by the end of this year.
"The work undertaken by New Zealand’s
representatives and negotiators has
finally succeeded - despite many setbacks
and changes in course - and they
are owed a debt of gratitude.
"CPTPP brings Japan, Canada and Mexico
into a trade deal with New Zealand for
the first time. These countries have large
markets that will now become progressively
open to New Zealand goods and
services, improving New Zealand’s trade
earnings.
"Other country members of CPTPP will
now also offer terms of trade more favourable
to New Zealand exports.
"For many years New Zealand has
stood up for tariff-free trade in the face
of global protectionist forces. Today’s
movement towards CPTPP coming into
force validates that stand and promises
rewards for New Zealand’s outstanding
export sector."
“These are tough times for the
industry, but this is exactly when
we can’t afford to take our eye off
the ball.
“As we’ve seen lately, some of
our biggest builders are facing
significant challenges and those
pressures are reflected throughout
the supply chain. There has
also been a big boom in the residential
sector, which is not going
to change any time soon. These
issues – combined with more new
workers entering the industry -
could well be reducing the focus
on health and safety.”
/www.engineeringnews.co.nz
/www.precisioncomponents.co.nz