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Manufacturers threaten to quit NZ
Opposition's parliamentary inquiry hears firms on verge of leaving country because of high exchange rate. More leading export companies are on the verge of moving overseas due to the high dollar, Opposition MPs were told yesterday by manufacturers, who challenged the Government to do more to control the exchange rate. Labour, the Greens, New Zealand First and Mana were holding the first of a series of hearings into what they say is the crisis in manufacturing. MPs heard from business and union leaders as well as the chief executives of several leading export companies. All said the exchange rate was their biggest ... (full story)
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