Menu
​Do Kiwi SMEs support TPP?

​Do Kiwi SMEs support TPP?

“Overall, we see strong support in the survey for the Government continuing to pursue free trade agreements internationally."

James Scollay - General Manager, MYOB New Zealand

James Scollay - General Manager, MYOB New Zealand

With debate on legislation to enable the Trans-Pacific partnership due to kick off in parliament this week, the majority of businesses in New Zealand support the 12-nation trade deal.

That’s according to findings from accounting software developer MYOB, which claims that in an additional boost to the backers of free trade, 45 percent of business operators favour New Zealand pursuing more free trade agreements (FTAs) with international trading partners.

The latest MYOB Business Monitor research of more than 1,000 SMEs across New Zealand, claims that more than one third of local businesses (36 percent) favoured staying in the TPP.

Meanwhile, a quarter of business owners believe New Zealand should pull out of the deal, while 39 percent said it would not affect their vote.

MYOB New Zealand General Manager James Scollay says local SMEs see that the benefits of international trade opportunities outweigh the opposition that has surrounded the TPP.

“Overall, we see strong support in the survey for the Government continuing to pursue free trade agreements internationally,” he says.

“At the same time, while the progress of the TPP agreement has been sometimes mired in controversy, there’s little support amongst the small business community for New Zealand to pull out of the deal.”

Scollay says the sectors where the trade deal has the strongest support are manufacturing and wholesale (49 percent), finance and insurance (48 percent), and business and professional services (43 percent).

On the flip side, opposition to the TPP is highest amongst the logistics sector (32 percent) and the trades industries (31 percent).

In addition, 20 percent of exporters would like to see New Zealand out of the TPP, while 39 percent support it.

Importing businesses are similarly supportive, with 23 percent wanting New Zealand removed from the agreement and 46 percent in favour of confirming the deal.

“Support and opposition to the TPP is most balanced in businesses operating outside of the main centres, with 24 percent of respondents in the provinces saying New Zealand should not complete the deal, while 32 percent want to see it ratified,” Scollay explains.

In Auckland, 27 percent of businesses want out of the TPP, and 38 percent think New Zealand should stay in, while in Wellington opposition to the deal is at 28 percent, while 40 percent favour it.

In Christchurch, just 17 percent would like to see New Zealand removed from the TPP, while 41 percent would oppose any moves to scupper the trade deal.

Specific to sectors, Scollay says there is “broad support” for additional trade agreements across most industries - strongest support comes from the primary sector (60 percent), manufacturers (55 percent) and the finance and insurance industry (55 percent).

“New Zealand is a trading nation, and whether it’s for our agricultural produce or home-grown technology, we depend on forming trade agreements to provide access to key markets,” he adds.

“Businesses of all kinds across the country, even if they are not directly involved in exporting, see that the success of our economy is largely underpinned by how effective we are at trading with the world - and that depends on the opportunities free trade agreements provide."


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags MYOBgovernment

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments