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New Māori and Pasifika student results an encouraging start
The new figures showing a 3.5 percent rise in Pasifika and 2 percent rise in Māori 16 year olds achieving NCEA Level 2 shows we are moving in the right direction, however this is just the beginning, says BusinessNZ.
Economic vandalism – bureaucrats instead of competitive markets
Labour’s proposal of a centralised buying agency for electricity could only bring electricity prices down through massive taxpayer subsidies.
Consistent performer – PSI
Service sector expansion for March was almost identical to the previous month, with a seasonally adjusted PSI for March at 55.4.
Marching on – PMI
The month of March finished off a healthy quarter of growth for New Zealand’s manufacturing sector with a seasonally adjusted PMI for March at 53.4.
Vocational pathways good start in blurring lines between school, polytechnics and work
The final Vocational Pathways launched today is a good start towards making learning more relevant for more New Zealanders, says BusinessNZ.
NZ economy finely balanced
The BusinessNZ Planning Forecast indicates a finely balanced New Zealand economy, with positive economic data, but with some risks remaining.
Sun shines on service sector – PSI
The service sector continued to show a pick-up in expansion with a seasonally adjusted PSI for February at 55.5.
Building momentum – PMI
NZ’s manufacturing sector continued to show upwards momentum since the start of 2013 with a seasonally adjusted PMI for February at 56.3.
Callaghan Innovation a positive change
New Crown Entity aiming to increase investment in research to grow more innovative exports should ensure it is focused on business needs.
BusinessNZ welcomes moves to make procurement more accessible to Kiwi manufacturers
Plans by the Government to make it easier for local firms to participate in Government tenders are welcome.
Taxing employee allowances – more work needed to get a better approach
BusinessNZ is not convinced of the merits of IRD proposals for taxing employee allowances.
Capital markets report useful but more needs to be done
The Government’s final report under the Business Growth Agenda lists useful undertakings to enable better access to capital, says BusinessNZ.