Budget 2018 – ‘as expected’ says business

Press Release – Wellington Chamber Of Commerce

The Coalition Governments first Budget is as expected, with no major surprises but room for improvement. Read more »

Recalibrating the Budget for wellbeing

Press Release – Deloitte

Budget 2018 the last of its kind with a world-first wellbeing Budget mooted for next year Deloitte partner David Lovatt says the announcement of next years wellbeing Budget shows Governments commitment to a more holistic approach … Read more »

NZ producer input, output prices rise in 1Q – dairy/fuel up

Article – BusinessDesk

May 17 (BusinessDesk) – New Zealand producer input and output prices rose in the first quarter, lifted by increasing fuel and dairy prices. Read more »

R&D businesses big winners from Budget 2018

Press Release – MYOB

The Labour-led coalition Governments first budget has several positive initiatives that will support innovative businesses says accounting software provider MYOB. Read more »

Business leaders pessimistic about the Budget

Press Release – Staples Rodway

A balanced Budget, mandatory Kiwisaver contributions, and an overhaul of the tax system are the key items on Kiwi businesses wish list heading into this years Budget. Read more »

NZ business confidence dims in April, firms dial back

Article – BusinessDesk

April 30 (BusinessDesk) – New Zealand business confidence fell in April, matching a dip in consumer sentiment, as already downbeat firms scaled back expectations for their own trading activity. Read more »

Coalition must consider regulatory improvements

Press Release – New Zealand National Party

The coalition Government is showing itself unwilling to listen to suggestions on improving the performance of regulators including the Commerce Commission, National Party Commerce and Consumer Affairs Spokesperson Brett Hudson says. Read more »

Job Market Growth Re-balances to Regions

Press Release – SEEK

EMPLOYMENT DATA REPORT New Zealand Job Market Growth Re-balances to Regions 23 April 2018 Read more »

How will a fuel tax and minimum wage affect investment

Press Release – Milford Asset Management

Milford Asset Management Senior Analyst Frances Sweetman describes the moves in Auckland to increase the fuel tax on top of an Auckland City Council levy as a two-edged sword. Read more »

Cluster theory has failed to take hold in NZ manufacturing

Article – BusinessDesk

April 17 (BusinessDesk) – Twenty-seven years after the Porter Project recommended New Zealand should pursue a “clusters” strategy to develop its manufacturing base, a government study of the manufacturing sector has found there are “few … Read more »

Progress on payment terms and e-invoicing

Press Release – New Zealand Government

Minister for Small Business Stuart Nash has congratulated Fonterra for its change of policy around payment terms for small and medium suppliers. The dairy co-operative has adopted a new policy where suppliers whose contracts are worth up to $300,000 … Read more »

Lift in service

Press Release – BusinessNZ

New Zealands services sector experienced a lift in expansion levels during March, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for March was 58.8, which was 3.5 points higher than February (A PSI reading above 50.0 … Read more »

Small firms’ confidence lifts slightly

Press Release – ANZ Bank

Small firms confidence lifts slightly Business confidence among small firms picked up slightly in the March quarter, but remained low after nose-diving in December, according to ANZs quarterly Business Micro Scope survey. A net 20% of small businesses … Read more »

NZ businesses remain pessimistic in first quarter

Article – BusinessDesk

April 10 (BusinessDesk) – New Zealand businesses remained pessimistic about the country’s economic fortunes in the March quarter as negative sentiment following the change in government continued into the new year and as profitability remains weak. Read more »

CORRECT: NZ consumer confidence steady in March

Article – BusinessDesk

April 4 (BusinessDesk) – New Zealand consumer confidence lifted slightly in March, continuing to recover from last year’s weakness as house price growth expectations rose. Read more »

NZ consumer confidence steady in March

Article – BusinessDesk

April 4 (BusinessDesk) – New Zealand consumer confidence lifted slightly in March, continuing to recover from last year’s weakness as house price growth expectations rose. Read more »

Business confidence up in March, remains lower post-election

Article – BusinessDesk

March 28 (BusinessDesk) – Business confidence increased in March on some measures, but most remain below the levels of six months ago. Read more »

MYOB Business Monitor: Crisis of confidence for SME sector

Press Release – MYOB

Confidence in the economy has fallen to its lowest level in three years amongst New Zealands small-to-medium sized enterprises, which makes up more than 500,000 businesses, according to the latest MYOB Business Monitor survey of more than 1,000 business … Read more »

Temperature Check – Regional Economic Confidence

Press Release – Westpac

The Westpac McDermott Miller Regional Economic Confidence Index rose in nine out of eleven regions in the March 2018 quarter. Read more »

NZ economy grows less than expected in fourth quarter

Article – BusinessDesk

March 15 (BusinessDesk) – New Zealand’s economy grew at a slower-than-expected pace in the fourth quarter as unfavourable weather weighed on agricultural output, offsetting strong services activity. The kiwi fell a quarter US cent. Read more »

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