Operating costs and business debt shouldered not only by farms but all businesses are reflected in their level of taxes paid, says BusinessNZ.
Operating costs and business debt shouldered not only by farms but all businesses are reflected in their level of taxes paid, says BusinessNZ.
The service sector improved its level of expansion for April, although the devil is in the detail, with a seasonally adjusted PSI for April at 52.6.
The Budget’s focus on skills to rebuilding Christchurch is well-placed, says BusinessNZ.
The recent Christchurch earthquake has led to a clear divide in the level of activity between the two main islands, with a seasonally adjusted PSI for March at 50.8.
The 7th Australia NZ Leadership Forum will be a further opportunity for business to help shape the economic agenda between the two countries, says BusinessNZ.
Today’s announcement by Government outlining a $2.5 million funding package for business is welcomed by business.
Industry associations are working towards further coordination of the Christchurch relief operation.
Forward indicators were pointing to an upturn for the NZ economy until the Christchurch earthquake, according to the BusinessNZ Planning Forecast.
BNZ & BusinessNZ advise that their monthly surveys of the manufacturing and services sectors will not be operational for the month of February.
BusinessNZ says the support package announced today for employers and employees is timely.
CEOs of 50 leading New Zealand companies today developed a Steering Group to co-ordinate private sector support for Christchurch following this week’s devastating earthquake.
Overall activity in the service sector for the first month of 2011 displayed a fairly lacklustre beginning, while the newly established Combined Index shows a similar pattern to the end of 2010. The seasonally adjusted PSI for January was 50.8.