Despite a slight improvement from the previous month, NZ’s manufacturing sector remained stubbornly in contraction during September, with a seasonally adjusted PMI for September at 48.2.
Media Releases
Recent media releases from BusinessNZ.
Skills essential for competitiveness
A competitive economy depends on many factors, and the Government’s business growth agenda is systematically addressing the key ones to boost NZ’s competitiveness, says BusinessNZ.
Starting-out wage will benefit NZ economy, communities
A starting-out wage will help get more young people into jobs, says BusinessNZ.
NCEA progress is welcome, more needs to be done
More needs to done to ensure all secondary students are well prepared for further learning and jobs, rather than collecting credits like fly buy points.
Subdued, uncertain economy
Official and unofficial data show a subdued New Zealand economy in the BusinessNZ Planning Forecast.
Trans-Tasman work valuable but double taxation still a problem
BusinessNZ has welcomed the interim report by the Productivity Commissions of Australia and NZ on strengthening Trans-Tasman economic relations.
Dead even – PSI
The service sector was in a complete holding pattern in August, with a PSI for August at 50.0.
Clarity needed on councils’ purpose
BusinessNZ says the purpose of local government needs to be properly established in new legislation.
August angst – PMI
NZ’s manufacturing sector fell further in contraction during August, with a seasonally adjusted PMI for August at 47.2.
New Zealand competitiveness rising
This year’s Global Competitiveness Index gives valuable feedback for New Zealand’s quest for competitiveness, says BusinessNZ.
Boost to trans-Tasman economies if double taxation removed
Earnings, investment and saving would be boosted in Australia and NZ if double-taxation of dividends was removed, the Australia NZ Leadership Forum says.
Trans-Tasman economy needs tax fix
A report by leading economic firms shows changes to tax laws in NZ and Australia could benefit the economies of both countries by billions of dollars.