New Zealand’s manufacturing sector experienced a slower rate of expansion in February, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index.
Media Releases
Recent media releases from BusinessNZ.
Urgent review of Holidays Act required
BusinessNZ and the NZ Payroll Practitioners’ Association are calling for an urgent review of the Holidays Act.
Holiday Mode – PSI
New Zealand’s services sector began 2016 with a solid level of expansion. The PSI for January was 55.4, while this was 3.1 points lower than December it still represented healthy activity in the sector.
Sizzling Summer – PMI
New Zealand’s manufacturing sector started 2016 with continued strength, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index
Energy Ministers and Business Leaders to meet at Resilience Summit
The growing importance of resilience is demonstrated in the calibre of delegates gathering in New Zealand’s capital next month for the Asia-Pacific Energy Leaders’ Summit hosted by the World Energy Council and BusinessNZ Energy Council.
Maori are amongst the biggest beneficiaries of TPP
In the lead up to Waitangi celebrations and the signing of the Trans Pacific Partnership in New Zealand this week, much is being made of Maori opposition to the TPP due to a lack of consultation and a perceived loss of sovereignty, for New Zealand in general and Maori in particular.
Business supports TPP
Business and export groups have written to the Prime Minister in support of the Trans Pacific Partnership.
Trade consensus may be over
ExportNZ is concerned that the consensus between the main political parties on trade may be over.
Ending on a high note – PMI
New Zealand’s manufacturing sector recorded its highest month of expansion for 2015, The sector has now been in continued expansion since October 2012.
On a High – PSI
Activity in New Zealand’s services sector rose to its highest level since November 2007, according to the BNZ – BusinessNZ Performance of Services Index (PSI).
Steady state
New Zealand’s manufacturing sector remained in a steady state of expansion. The seasonally adjusted PMI for November was 54.7, 1.5 points higher than October.
New BusinessNZ Chief Executive
The BusinessNZ Council has appointed Kirk Hope as new Chief Executive of BusinessNZ.