New Zealand Business
• Main imports: Machinery and equipment, vehicles and aircraft, petroleum, electronics.
• Main exports: Dairy, meat, wood and wood products, fish and machinery.
• Main trade partners: Australia, China, Germany, Japan, UK and USA.
Economy
Between the mid 1980s and mid 1990s, New Zealand underwent one of the most radical economic transformations of any Western industrialised country, with wholesale privatisation, abolition of subsidies, tariff barriers and corporate regulations, and dismantling of many welfare systems (although spending has risen sharply to tackle the pensions crisis afflicting the developed world). The reforms have also meant that New Zealand is more dependent on foreign trade.
The economy grew by 1.9% in 2006, while inflation was 2.6%. Unemployment is currently just under 4% (3.8%), although much of it is concentrated in particular areas where it remains a major problem.
Australia is New Zealand's largest trading partner, and the two governments have established a completely free trading regime between them. New Zealand is a member of the Organisation for Economic Co-operation and Development (OECD), the South Pacific Forum and the Asian-Pacific Economic Co-operation (APEC) forum.
Business Etiquette
Office hours: Mon-Fri 0900-1700.
Conferences & Conventions
Business Contacts
PO Box 1590, Level 28, The Majestic Centre, 100 Willis Street, Wellington, New Zealand
Tel: (4) 914 6500.
Website: www.wgtn-chamber.co.nz
Conventions and Incentives New Zealand
PO Box 331-202, Suite 3, Level 1, 15 Huron Street, Takapuna, Auckland, New Zealand
Tel: (9) 486 4128.
Website: www.conventionsnz.com
Fresh ideas are just one click away...
Travel Deals
-
Finland Activity & adventure holidays Finnish Lapland has enormous areas of untouched wilderness and mile upon mile of wild rolling fells. This vast open countryside, sparkling in the winter sunshine, just begs to be explored by
-
Orlando Adrenaline Whether you’re enjoying the hair-raising delights of the world’s only flying rollercoaster called Manta at SeaWorld or racing through the Everglades on an airboat in search of alligators, one thing’s for
-
Cambodia Luxury holidays Today Cambodia is symbolised by awesome Angkor Wat, the largest man-made religious structure in the world. However, Cambodia is also home to some of the finest boutique hotels in the world
-
Laos Inspire Me When the French colonised Indochina they had a saying: "The Vietnamese grow the rice, the Cambodians watch the rice grow, and the Lao people listen to the rice grow." This is
-
Vietnam Cultural breaks Vietnam is a country with a rich and varied history that is now firmly focused on her bright future. This is why it has become one of the hottest destinations for
-
Dominican Republic Family holidays The Dominican Republic has soared in popularity as a tropical hotspot for families seeking sun, sand and an affordable holiday in the Caribbean. The island's main attraction is magnificent golden sand
