The service sector experienced its sixth consecutive month of expansion, although activity softened slightly in April, with a seasonally adjusted PSI for April at 54.1.
Media Releases
Recent media releases from BusinessNZ.
Manufacturing expansion highest since 2004 – PMI
New Zealand manufacturing continues to be in expansionary territory for April, reaching its highest value since 2004, with a seasonally adjusted PMI for April at 58.9.
Initiative underway to link university research with business needs
UniServices, the commercialisation arm of The University of Auckland, is hosting an event to promote university innovation and technology in the health sector on Tuesday 18 May.
BusinessNZ endorses Budget focus on innovation
BusinessNZ has strongly endorsed the Budget’s focus on commercial science and technology, saying it will lift economic growth and make NZ more competitive.
Employment figures positive for future growth
Improved employment results are positive for future growth, says BusinessNZ.
What we should do about the emissions trading scheme
The Government has made it clear that we are going to press ahead with the emissions trading scheme.
Quick reaction needed to Australia’s tax change
How NZ responds to Australian tax changes will make a big difference to our economy, says BusinessNZ.
ETS now requires constructive work
BusinessNZ says in light of the Government’s clear decision to proceed with the emissions trading scheme, business should now constructively assist in making the scheme fit for purpose.
Volcanic eruption causes headaches for exporters
ExportNZ says some exporters are suffering by not being able to get their perishable goods into European markets due to the volcanic eruption in Iceland grounding most air transport into Europe.
March brings boost to service sector expansion – PSI
The service sector received another boost in expansion to record its highest result since November 2007, with a seasonally adjusted PSI for March at 57.3.
Manufacturing expansion highest in 28 months – PMI
NZ manufacturing continues to head in the right direction with a strong boost in expansion for March, with a seasonally adjusted PMI for March at 56.3.
ExportNZ welcomes new Asian partners
ExportNZ is optimising the growing opportunities in the Asian market today by entering partnerships with the NZ China Trade Association (NZCTA) and ASEAN NZ Combined Business Council (ANZCBC).