The manufactured inquiry report

June 17th, 2013 at 3:00 pm by David Farrar

The report of the //NZ First/Mana inquiry into manufacturing is here.

The best comment in the report was on page 24:

Strategy: submitters made it plain that there was little interest on their part in further “talkfests” about the future of in New Zealand, or about the need for a “ Strategy”, requiring further extended discussion

Which is ironic, as that is what the entire inquiry has been – a massive talkfest.

What is most hilarious is the major recommendations for macro-economic policy:

  • a fairer and less volatile exchange rate through reforms to monetary policy
  • refocusing capital investment into the productive economy, rather than housing speculation;
  • and lowering structural costs in the economy, such as electricity prices

How amazing. By total coincidence the major macro-economic recommendations happen to be the pre-existing policy of Labour et al. They didn’t even have to think up any new policies.

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32 Responses to “The manufactured inquiry report”

  1. RightNow (6,994 comments) says:

    “By total coincidence the major macro-economic recommendations happen to be the pre-existing policy of Labour et al. They didn’t even have to think up any new policies.”

    I demand an inquiry!

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  2. Peter (1,712 comments) says:

    Hey Clint! Are we sure this won’t be seen as a self-promoting, electioneering talkfest?

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  3. In Vino Veritas (139 comments) says:

    Refocusing capital investment into the productive economy? This after the deliberate sabotage of the MRP float? Are these clowns for real? What NZ’r will be keen to make capital investment over housing when they know Labour\Greens can, and will destroy value in that investment?

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  4. smttc (752 comments) says:

    What a bloody joke.

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  5. Morgy (172 comments) says:

    “Manufacturing Strategy: submitters made it plain that there was little interest on their part in further “talkfests” about the future of manufacturing in New Zealand, or about the need for a “Manufacturing Strategy”, requiring further extended discussion”

    That is priceless!!

    Excuse me Messrs Shearer, Norman, Peters and John….I think the submitters were saying “Fuck off? We’re busy!”

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  6. hmmokrightitis (1,590 comments) says:

    Monetary policy reforms? Im all ears wussell, do tell – or maybe toady can give us some insights into green thinking on this.

    For those three you can simply read: tax our way to an idealogical solution, be it a CGT, or more tax going on a single electricity ‘desk’. Pointless manipulation of the economy which always produces more unintended consequences and less benefits, and more unproductive workers sucking at the taxpayers tit.

    But then WTF would I know, Im a fucking traiterous prog commie marxist prick :)

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  7. tas (625 comments) says:

    Nobody should take a report sponsored by political parties seriously.

    I’m not entirely sure what they are thinking. Do they expect this to get much traction? It just seems desperate to me. Is their more to their plan?

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  8. Rich Prick (1,705 comments) says:

    OK. So, just how does one make a stronger US dollar? Apart from sitting around and wishing really hard.

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  9. bhudson (4,740 comments) says:

    If the report is posted online, or linked, it should be required to be tagged as an advertisement

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  10. Manolo (13,783 comments) says:

    Put in in the rubbish bin where it belongs, or use it to start a few fires this winter. Crap, forgettable crap.

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  11. Rick Rowling (813 comments) says:

    OK. So, just how does one make a stronger US dollar? Apart from sitting around and wishing really hard.

    Start printing NZ money by the truckload. We’ll have a worthless Kiwi dollar by lunchtime!

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  12. Rick Rowling (813 comments) says:

    The manufactured inquiry report

    I see what you did there!

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  13. bhudson (4,740 comments) says:

    @Rich Prick,

    Why by deliberately undermining the value in our own, of course. More and faster than they can do to their own.

    Yeah right.

    A new book by Russel Norman: Shrink and Grow Rich

    Strength through weakness. Perhaps Keith Locke is acting as an adviser in Norman’s office.

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  14. Ultima (29 comments) says:

    LOL, the recommendations just happens to fall in line with Labour/Green policies, near word for word. So are we to believe manufacturers are saying electricity is their biggest cost?

    Bottom p27 of the report,
    “The Inquiry accepts that the success of manufacturing in New Zealand in the future will lie
    substantially in the hands of entrepreneurs, scientists and technologists and the sector’s skilled
    workforces”

    Question is does David and Russel accept it?

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  15. Right of way is Way of Right (1,122 comments) says:

    Heavy on slogans and rhetoric, light on policy and any actual solutions. Mind you, as the recent statistical data has revealed, that’s not a problem, because this is a policy presented for a problem that doesn’t actually exist. To really sort out manufacturing, how about we try doing something like making sure any manufacturer who has their business held to ransom by a union being able to hire temporary staff to preserve his business!

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  16. dime (9,972 comments) says:

    “a fairer and less volatile exchange rate through reforms to monetary policy”

    fairer to who?

    Dime hates the word FAIR

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  17. martybc (5 comments) says:

    David. It is not “total coincidence the major macro-economic recommendations happen to be the pre-existing policy”

    It is entirely logical for them to have come to the same conclusions through this report as they have through their policy development work.

    If they came up with conclusions that contradicted their existing Policy – or that they hadn’t already thought of, we’d be saying they don’t know what they’re doing or that their existing policy was rubbish etc.

    Also, I think the current Government would agree with the goals (in general terms) but holds a different view on how to achieve them.

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  18. Black with a Vengeance (1,865 comments) says:

    I much prefer dusky to fair where maidens are concerned too, dime.

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  19. beautox (422 comments) says:

    The greens don’t even believe in manufacturing because it takes precious and rare natural resources and turns them into playthings for evil humans. According to them, the only things worth manufacturing are things you grow, like dope.

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  20. Pete George (23,576 comments) says:

    You can get an indication of how manufacter orientated the inquiry was by looking at all the contributing expertise:

    Chair, membership and meetings

    The Inquiry was chaired by Christchurch business leader, Cameron Moore.

    The following MPs participated in the Inquiry:
    Party Leaders:
    David Shearer
    Dr Russel Norman
    Rt Hon Winston Peters
    Hone Harawira

    Committee Members:
    Hon David Parker
    Denise Roche
    Andrew Williams
    Dr Megan Woods

    Other members who took part:
    Hon Clayton Cosgrove
    Dr David Clark
    Phil Twyford
    Andrew Little
    Julie-Anne Genter
    Gareth Hughes

    It doesn’t specify which of Camaron Moore’s policies were included in the negotiated outcome.

    The Opposition consensus manufacturing report was a united front of policies that all the parties agreed upon.

    Some policies, such as the Greens plan devalue the New Zealand dollar by printing money, were left out because of “realism” and compromise, Greens co-leader Russel Norman said.

    http://www.stuff.co.nz/national/politics/8805482/Opposition-manufacturing-inquiry-report-released

    Compromise? The outcome is a negotiated compromise based on existing party policies? It’s hard to think of a worse approach.

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  21. hmmokrightitis (1,590 comments) says:

    I missed this bit:

    “Favouring New Zealand-made in Government purchasing”

    Brilliant thinking! I mean, for an trade-focussed export strategy, what we really want to show is that we encourage trade with the rest of the world, and that we support NZ businesses delivering great outcomes for other countires, not 1950’s isolationist politiical bullshit.

    Oh, hang on…

    Want to find a faster way for other countries to tell us to fuck off when it comes to purchasing NZ made – do this. FFS what a bunch of noddies.

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  22. Ross12 (1,428 comments) says:

    It would be good if someone could give a breakdown of what constitutes manufacturing , in terms of different industries, in the data that is thrown around. As someone else mentioned in another thread if Greens/Labour saw the list it might scare them when they realise how much comes from agricultural produce and oil/gas materials –those industries the Green hate.

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  23. Kleva Kiwi (289 comments) says:

    Is it me or did Liabour just cheery pick the submission that fitted their propaganda best.
    Must of been hard selecting the best out of the only 3 submissions received (and most likely from business that does not want to innovate or change and thinks everyone should just conform to their business model…)

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  24. flipper (4,068 comments) says:

    Of course we could take the advice of these fools, and their idiot media fellow travellers, and copy the PIGS.

    Green jobs really are the answer. They produce excellent results, and quickly.
    Under the EXPERT guidance of a SHPP&N Government, a sub seven (7) per cent unemployment rate, currently only 13th in world, NZ would improve markedly.
    Impossible, you say.
    Ahh, but they have the proof.
    Sub 10% PIGS unemployment averages rapidly became 25/26/27 % and rising.
    No problem, SHPP&N could do it here.
    How?
    Start with green power generating windmills that require, as they do in UK, an annual subsidy of 100,000 UK pounds.
    No problem.
    Start the printing presses. :)

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  25. flipper (4,068 comments) says:

    Oh, just in passing.
    Each of those UK windmills is subsidised by 100,000 pounds per annum. Repeating, each silly windmill cost 100,000 pounds each year!

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  26. wat dabney (3,769 comments) says:

    …and lowering structural costs in the economy, such as electricity prices

    This is Labour, the Greens and Winston Peters First admitting that their last joint government, which artificially jacked-up prices as a stealth tax mechanism, didn’t just hit the poorest consumers hardest but also contributed to a decline in NZ manufacturing.

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  27. greenjacket (466 comments) says:

    I just read it. Bizarre. It showed that manufacturing in NZ is actually doing well, except they, for some reason, excluded dairy and meat manufacturing.
    So presumably manufacturing milkshakes for McDonalds, prepared cheese toppings for Pizza Hutt, ready-to-cook lamb to the EU, or burger patties for Burger King in US isn’t manufacturing, because, ummmmm people eat it? Or maybe they excluded dairy and meat manfacturing because Greens-Labour didn’t want two successful manufacturing industries intruding on their silly story?

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  28. alloytoo (543 comments) says:

    “…and lowering structural costs in the economy, such as electricity prices”

    Weren’t they recently complaining about how the house holds were picking up more of the tab since business stopped subsidizing them?

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  29. Sir Cullen's Sidekick (890 comments) says:

    I understand that this report is a success and even world leaders are asking for a copy of this report to implement its recommendations.

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  30. hmmokrightitis (1,590 comments) says:

    SCS, I see your confusion.

    Asking for reports by their weight and size is standard for using them to raise computer screens to the right height.

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  31. redqueen (563 comments) says:

    I love Recommendation 10. We’re going back to the 70s…time for disco to resurge!!!

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  32. Paulus (2,628 comments) says:

    Everything the so called report said, was said to be written by another University academic.
    All they had to do was to talk to Ganesh Nana of BERL – which I think they did, as he on RNZ this morning agreeing with everything in the report.
    I assume he actually wrote it in fact, as none of the panel had the knowledge to know what they were talking about – even Winston, whom I sometimes credit with a modicum of experience in Government.

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