EDANZ Conference – Raising NZ’s Low Productivity Ratings

Press Release – EDANZ

Productivity in New Zealand decreased to 164.21 index points in the first quarter of 2017 from 166.55 Index points in the fourth quarter of 2016. Read more »

NZX milk prices futures gain after Fonterra lifts forecast

Article – BusinessDesk

July 27 (BusinessDesk) – Milk price futures rose after Fonterra Cooperative Group lifted its forecast farmgate payout for the 2018 season although market analysts said it is too soon to predict any change in behaviour such as an increase in dairy … Read more »

Design boosts the New Zealand economy by $10.1 billion

Press Release – Massey University

Ground-breaking research into designs economic contribution to New Zealands economy has shown that during the last year alone design contributed $10.1b to New Zealands GDP (approximately 4.2%). The research launched yesterday by Hon. Steven … Read more »

Inquiry commences into State sector productivity

Press Release – New Zealand Government

Finance Minister Steven Joyce has welcomed the release of the Productivity Commissions issues paper for its new inquiry into measuring and improving the productivity and efficiency of core public services in the State sector. Read more »

Housing, utilities and food prices squeeze beneficiaries

Article – BusinessDesk

July 27 (BusinessDesk) – Beneficiaries were the hardest hit by inflation in the second quarter of the year due to higher prices for housing, household utilities and food, while overall prices continued to dip for top earners, Stats NZ said. Read more »

BGA refresh to sustain growth

Press Release – New Zealand Government

The Government has today released the Business Growth Agenda 2017 Refresh Report with a focus on continuing to deliver strong economic growth for the benefit of all New Zealanders, Finance Minister Steven Joyce and Economic Development Minister Simon … Read more »

Rising prices for essentials hit beneficiaries the hardest

Press Release – Statistics New Zealand

Higher prices for housing and household utilities and food are hitting beneficiaries the hardest, while overall prices are dipping slightly for top earners, Stats NZ said today. Read more »

Shareholders Assn challenges Fletcher board to re-election

Article – BusinessDesk

July 26 (BusinessDesk) – The board of directors of Fletcher Building has “no choice but to seek a new mandate” at the company’s October annual meeting following last week’s firing of chief executive Mark Adamson after the second major profit … Read more »

Prime Minister’s Business Scholarships awarded

Press Release – New Zealand Government

Economic Development Minister Simon Bridges has announced the recipients of the Prime Ministers business scholarships. Read more »

June trade surplus $242 million, boosted by dairy exports

Article – BusinessDesk

July 26 (BusinessDesk) – New Zealand reported a higher-than-expected monthly trade surplus of $242 million in June as exports were boosted by dairy sales, especially to China. Read more »

NZ’s neutral interest rate now below 4 percent says RBNZ

Article – BusinessDesk

July 26 (BusinessDesk) – New Zealand’s neutral interest rate has fallen below 4 percent and a lower New Zealand dollar would help rebalance growth and lower the nation’s net foreign liabilities, said Reserve Bank assistant governor John McDermott in a … Read more »

Emissions Trading Scheme Changes Make Sense

Press Release – Business NZ

BusinessNZ and the Sustainable Business Council have welcomed changes signalled for New Zealands Emissions Trading Scheme. Read more »

Small Firms’ Growth Expectations Hit Two-Year High

Press Release – ANZ Business NZ

After a slow start to the year, confidence among small businesses rebounded in the June quarter, and their activity expectations are the highest in two years, according to ANZs Business Micro Scope survey. Read more »

Looking at the Stars

Press Release – Reserve Bank

Understanding key trends in the economy is crucial for the Reserve Bank, even though the trends can only be estimated and never directly observed and measured. Read more »

Auditor-General’s report: 2016 Long-Term Fiscal Position

Press Release – Controller and Auditor-General

The Auditor-Generals report Commentary on He Tirohanga Mokopuna: 2016 Statement on the Long-Term Fiscal Position was presented to the House of Representatives today. For this report, we reviewed the Treasurys latest long-term fiscal statement, … Read more »

Hawke’s Bay Plan for Regional Prosperity Gains Momentum

Press Release – Matariki

Launched a year ago this week (on 27 July 2016) Matariki Hawkes Bay Regional Economic Development Strategy (HBREDS) was the result of collaborative efforts by businesses, Iwi, Councils and government agencies to produce a plan aimed at diversifying … Read more »

Study shows franchise sector turnover now tops $46bn

Press Release – Joint Press Release

The annual turnover of New Zealands franchising sector has topped $46.1 billion, according to the latest Franchising New Zealand 2017 report. Read more »

Deluge misses southern hydro lakes

Article – BusinessDesk

July 24 (BusinessDesk) – Last weekend may have been Oamaru’s wettest since daily rainfall records began in 1950, but the deluge that hit eastern coastal parts of the South Island over the weekend all but missed the southern hydro lakes, which … Read more »

NZ sees higher wool volumes at auction as stockpiles linger

Article – BusinessDesk

July 21 (BusinessDesk) – A higher volume of wool was offered at New Zealand’s latest weekly auction as stockpiles from last season come to market. Read more »

Think Tank Welcomes Social Investment Approach

Press Release – New Zealand Powerhouse Institute

AUCKLAND – The New Zealand Powerhouse Institute, a classical liberal, free market think tank, has welcomed the development of a social investment approach by the National-led Government under Bill English. Read more »

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