The BusinessNZ Planning Forecast indicates that the New Zealand economy is gaining traction.
Media Releases
Recent media releases from BusinessNZ.
Brighter horizons – PSI
Service sector expansion for May continued a solid run of recent expansion with a seasonally adjusted PSI for May at 56.2.
Magic May – PMI
The manufacturing sector recorded its highest level of activity for almost nine years with a seasonally adjusted PMI for May at 59.2.
Positive development for regional economy
Minerals exploration permits awarded today are a positive development in growing the regional economy, says BusinessNZ.
BusinessNZ’s Phil O’Reilly appointed BIAC Chair
BusinessNZ Chief Executive Phil O’Reilly has been elected Chair of the Business and Industry Advisory Council (BIAC) to the OECD.
Golden weather continues – PSI
Service sector expansion for April built on the solid performance of the previous two months. The PSI for April was 56.1.
Careful, measured Budget
BusinessNZ says Budget 2013 shows a careful and measured approach to spending in areas that have the potential to improve New Zealand’s competitiveness, such as a continued focus on innovation, internationalisation and skills.
New order momentum – PMI
Continued momentum for new orders in the manufacturing sector contributed to a lift in the sector’s expansion rate. The seasonally adjusted PMI for April was 54.5.
High value tourism to gain from convention centre
BusinessNZ has welcomed today’s agreement for a new international convention facility in Auckland saying the SKYCITY development will result in new business, growth and jobs that would not otherwise have occurred.
Cautious optimism in employment data
BusinessNZ has greeted the latest employment survey with cautious optimism.
Industrial action harms youth job prospects
BusinessNZ has criticised unions taking industrial action over the issue of starting wages.
Sound recommendations for health and safety
Independent taskforce’s report on workplace health and safety takes a serious and balanced approach to the challenge of improving safety in NZ workplaces.