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Government decision to allow dumping gets balance wrong

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Government decision to allow dumping gets balance wrong

BusinessNZ is disappointed the Government has failed to heed submissions and is allowing goods to be dumped in NZ if it is deemed to be in the "public interest", via a new public interest test.

Executive Director of ManufacturingNZ, Catherine Beard says New Zealand manufacturers want a level playing field. "We want a vibrant competitive economy. Our manufacturers are globally competitive or they would not still be in business – but we can't compete against dumped product."

"It sends the wrong signal to manufacturers in New Zealand that any investment they make in building a business can all be wiped out by dumped product flooding the market and killing off their local business."

From Over the Wires with MSC