MarineBusiness-World.com
 
 
News Home FishingBoating Photo Gallery Australian Cruising Sail-World Australia
Sail-World.com : Industry calls on government assistance for NZ industry
Industry calls on government assistance for NZ industry


'Fitzroy Yachts New Plymouth NZ'    Fitzroy Yachts

The New Zealand Marine Industry Association says the Government needs to assist yacht builders by lowering interest rates, to keep the industry afloat.

Highly acclaimed superyacht builder, Fitzroy Yachts recently let go 120 employees, stating slower than expected business.

Peter Busfield, executive director at NZ Marine says New Zealand’s high exchange rate is disadvantaging exporters.

'The price to buy from New Zealand has gone up 30 or 40 percent, which makes sales harder. We have a concern that if the New Zealand dollar continues to appreciate it makes export sales more challenging. 0ur interest rates have an influence in this regardsand the government can control these to a certain extent.'

Busfield points out that New Zealand's involvement in the 2013 America's Cup and high profile at international yacht shows demonstrates New Zealand ingenuity and the marine industry’s prowess in designing and manufacturing boats.

'It's just unfortunate for Fitzroy Yachts, from a timing point of view, that they need an order right here and now.'

Busfield says the New Zealand government appreciates the economic value the local marine industry provides the country and through its various agencies supports export growth, boat building, services training and more recently, tourism of high net worth people visiting NZ on their own vessel.

Salperton IV from Fitzroy Yachts -  Fitzroy Yachts   Click Here to view large photo

'In December 2013 the government extended the time a visiting yacht can stay in New Zealand without paying any import duty or our 15% GST from 12 months to 24 months. This means that NZ will become a more attractive place for people to visit and leave their boat here for a while, including Australians.

'We expect a growth in refit and boat maintenance from this new policy, not to mention the gain in tourism by high net worth visitors enjoying our land-based attractions such as wineries, golf courses and great outdoor adventures.'

More at www.nzmarine.com


by Jeni Bone

  

Click on the FB Like link to post this story to your FB wall

http://www.marinebusiness-world.com/index.cfm?nid=118507

12:38 PM Mon 20 Jan 2014GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.







Marine Business News



































































Auckland On Water Boat Show - Family summer fun starts next Thursday
Ocean Marina Pattaya Boat Show drives marine tourism in Pattaya
CKIPM Marine Group reveals agreement with Korean Government
Ben Ainslie Racing partners with Yamaha Motor in the UK
Collinson FX Market Commentary: September 16, 2014 - UKP gets Jimmied
Where the audience is matters a lot for advertisers
Auckland Water Boatshow: Practice session for Guinness World Record
Brisbane to host new boat show at Manly on Moreton Bay *Feature
Impressive line-up for Marina Investment Seminar
Penske Automotive to expand presence in Australia
Great Barrier Reef plan released for comment
Superior prepares for Monaco Yacht Show debut *Feature
Impressive new catamaran set to power onto world stage
RYA Advanced Powerboat Handbook unveiled at PSP Southampton Boat Show
2014 PSP Southampton Boat Show - ilovesailing calendar 2015 unveiled
Brisbane Boat Show - Opens with great attractions and innovations
Collinson FX Market Commentary: September 13, 2014 - AUD pressured
Thai drama with Phuket yacht clampdown
Brisbane Boat Show begins *Feature
PSP Southampton Boat Show - What’s the whisper about Whisper?
PSP Southampton Boat Show - Opening day images   
Collinson FX Market Commentary: September 12, 2014 - NZD loses ground   
P&O and Princess Cruise Ships to continue operating into Abell Point   
Sailing Rallies launch two new events at PSP Southampton Boat Show   
Abbott Government delivers on marine conservation promise   
Garmin ClearVü™ with CHIRP sonar-chartplotter series   
Multihull Central: Record sales, Outremer blog, Regattas and much more   
Collinson FX Market Commentary: September 11, 2014 - Dollar rallies   
Victorian Marina Industry hit with above average taxes and charges   
4th Multihull Solutions Whitsunday Rendezvous an outstanding success   
Lowrance signs exclusive partnership with Skeeter Boats   
Get your entry in to win a Suzuki Powered Rigiflex Safety Boat   
Collinson FX Market Commentary: September 10, 2014 - Apple inspires   
Stefan Boating World launches new models at Brisbane Boat Show   
Record numbers expected at 2014 Ocean Marina Pattaya Boat Show   
British Sailing Team join forces with Zhik for new clothing range   
Command Thrust outboards with Counter-Rotation find eager market   
Collinson FX Market Commentary: September 9, 2014 - UK Breakup   
Record sales driven by new interest in catamarans   
Southport Yacht Club celebrates opening of 68th season *Feature   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL WAS MBW
LocalAds   DE  ES  FR  IT