Kaikoura quake to shave 0.1% from NZ’s GDP over two years

Article – BusinessDesk

Kaikoura quake to shave 0.1% from NZ’s GDP over two years, report shows Read more »

NZ business confidence still upbeat

Article – BusinessDesk

April 28 (BusinessDesk) – New Zealand business confidence stayed upbeat in April as firms expect to see more activity on their own books and generate bigger profits. Read more »

Business Recovery Grants for quake-affected businesses

Press Release – New Zealand Government

Minister for Economic Development Simon Bridges has announced that the Business Recovery Grants programme for quake-affected businesses will be launched on 1 May. Read more »

Economic impact of Kaikōura quake revealed

Press Release – New Zealand Government

Economic Development and Transport Minister Simon Bridges today released a Government commissioned report that assesses the economic impact of the 2016 Kaikoura earthquake. Read more »

Rising tax take gives government more wiggle room

Article – BusinessDesk

April 27 (BusinessDesk) – New Zealand’s rising tax take, which was up 7.7 percent in the year to Feb. 28, has given the government room to beef up its infrastructure spending programme and target an aggressive debt reduction target, says Finance Minister … Read more »

Auckland in business talks with Japanese delegates

Press Release – Auckland Tourism Events and Economic Development

A high-level delegation of Japanese business leaders provides a golden opportunity for Auckland and its ambitious businesses to forge closer economic ties with a major trading partner. Read more »

World Championships big earner for region

Press Release – World Shearing Champs

The 2017 World Shearing and Woolhandling Championships, held in Invercargill in February, was widely heralded as the best event in the competitions 40-year history. Now, independent analysis has backed that up, revealing a $6.78 million to $7.48 million … Read more »

New net debt target of 10-15 per cent by 2025

Press Release – New Zealand Government

Hon Steven Joyce Minister of Finance 27 April 2017 Media Statement New net debt target of 10-15 per cent by 2025 The Government has set a new medium-term fiscal target of reducing net debt to between 10 and 15 per cent of GDP by 2025, Finance Minister … Read more »

Government to allocate $11b in new capital

Press Release – New Zealand Government

Government to allocate $11b in new capital The Government will allocate $11 billion in new capital infrastructure over the next four Budgets in addition to spending already included in agency baselines, Finance Minister Steven Joyce says. We are … Read more »

NZ dollar hits four-month low on Trump tax plan

Article – BusinessDesk

April 27 (BusinessDesk) – The New Zealand dollar dropped to a four-month low as US President Donald Trump unveiled his much-vaunted tax reform plans, while trade-orientated nations came under pressure on reports the US plans to quit the North American Free … Read more »

Three new Independent Directors appointed to HBRIC Ltd

Press Release – Hawke’s Bay Regional Council

The Hawkes Bay Regional Council has appointed three additional independent directors to its investment company HBRIC Ltd, to help drive future economic development in the region according to Council Chairman Rex Graham. Read more »

Businesses back immigration reductions as economy steadies

Press Release – MYOB

More New Zealand business owners back cuts to immigration levels over those that want to keep current settings according to the latest research by leading accounting software provider MYOB. Read more »

OECD Report Highlights the Folly of Tax Cuts

Press Release – Closing The Gap

Income Equality Aotearoa New Zealand Inc. Closing the Gap For Immediate Release Media Release 25th April 2017 OECD Report Highlights the Folly of Tax Cuts New OECD data shows cutting taxes would be a big mistake for New Zealand, which instead needs … Read more »

Q+A: CTU President Richard Wagstaff

Press Release – TVNZ

Q+A: CTU President Richard Wagstaff interviewed by Corin Dann Council of Trade Unions calls for a national standards system for setting wages. CTU president Richard Wagstaff told Corin Dann on TVNZ 1s Q+A programme that, we want something thats fit … Read more »

The Nation: Lisa Owen interviews Steven Joyce

Press Release – The Nation

On The Nation: Lisa Owen interviews Steven Joyce Headlines: Finance Minister Steven Joyce says there will be increased investment in infrastructure and public services – health and education – to keep up with immigration in next months budget. Joyce … Read more »

Consumer confidence eases in April, remains above average

Article – BusinessDesk

April 21 (BusinessDesk) – New Zealand consumer confidence eased in April, weighed by a slowdown in the property market and growing expectations that interest rates will rise. Read more »

Freshwater remains a focus

Press Release – Science Media Centre

After a week of floods and heavy rainfall, fresh water is still in the headlines. Read more »

Better regulation through better impact analysis

Press Release – New Zealand Government

Regulatory Reform Minister, Paul Goldsmith, and Parliamentary Under-Secretary for Regulatory Reform, David Seymour, say changes to Regulatory Impact Analysis (RIA) requirements will lead to better informed decision making by Parliament and the Government. Read more »

Clear support among public for tourism

Press Release – Tourism Industry Aotearoa

The public is right behind the tourism industry with almost all New Zealanders agreeing that international tourism is good for the country, as shown by the latest research from Tourism New Zealand and Tourism Industry Aotearoa. Read more »

NZ dollar gets lift from higher-than-expected inflation

Article – BusinessDesk

April 20 (BusinessDesk) – The New Zealand dollar gained after consumer prices rose at their fastest annual pace in five-and-a-half years in the first quarter of 2017, marking the first time inflation has hit the mid-point of the central bank’s 1 percent-to-3 … Read more »

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