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Media Releases
Recent media releases from BusinessNZ.
Productivity Commission – a winning move
NZ will be the winner in gaining a Productivity Commission, says BusinessNZ.
Poor productivity stats show need for Productivity Commission
The poor productivity statistics reported today underscore the need for a productivity commission and ‘regulatory responsibility’ legislation, says BusinessNZ.
Service sector conditions pick up in February – PSI
The service sector continued along its path of solid, if unspectacular expansion for the second month of 2010, with a PSI for February at 53.1.
Manufacturing expansion gains further foothold in February – PMI
Ongoing strength in new orders meant manufacturing remained in positive territory for the second month of 2010, with a seasonally adjusted PMI for February at 53.3.
CRI task force report spot on
BusinessNZ has congratulated the Crown Research Institute Taskforce’s report ‘How to enhance the value of New Zealand’s investment in Crown Research Institutes’.
Infrastructure planning endorsed but more work needed
BusinessNZ says the Government’s National Infrastructure Plan is a useful compilation of current and planned infrastructure investment that will allow the public and the private sector to keep track of Government’s strategic aims in this area.
Economic prospects improving but risks remain
The BusinessNZ Planning Forecast is pointing to improvement in the economy in the March quarter.
Commonsense decision on financial reporting
The Government has made a sensible decision not to proceed with a further compliance requirement on private companies, says BusinessNZ.
Company tax rate must be set in international context
The importance of setting company tax at the right level has been highlighted in the Government’s response to the Capital Markets Development Taskforce, says BusinessNZ.
Service sector growth moderates in January – PSI
The service sector continued to show a recovery for the first month of 2010, despite the rate of expansion slowing, with a seasonally adjusted PSI for January at 53.1.
New orders keep manufacturing activity on right track – PMI
Ongoing strength in new orders kept manufacturing in positive territory for the first month of 2010, with a seasonally adjusted PMI for January at 52.