Implementing the 2025 Taskforce report would require rebalancing the economy says BusinessNZ.
Economy & Tax
Service sector climbs further into expansion – PSI
Service sector activity climbed further into expansion during September, with a seasonally adjusted PSI for September at 54.8.
Manufacturing shows no spring in step for September – PMI
September saw little change from August regarding activity in manufacturing, as the sector remains flat and unable to expand, with a seasonally adjusted PMI for September at 49.2.
August sees small service sector improvement – PSI
Service sector activity improved slightly in August, with a seasonally adjusted PSI for August at 51.4.
Manufacturing activity remains flat in August – PMI
The manufacturing sector remains flat for the second consecutive month after steady expansion in the first half of the year, with a seasonally adjusted PMI for August at 49.3.
Economy on track despite risks
The NZ economy is generally on track despite some risks, according to the BusinessNZ Planning Forecast for the September quarter 2010.
BusinessNZ welcomes enquiry into “rebalancing” of economy
BusinessNZ welcomes the debate regarding an enquiry into investment, savings and debt issues in NZ.
Service sector expansion at snail’s pace – PSI
Service sector expansion fell back to its lowest level of activity since October 2009, with a seasonally adjusted PSI for July at 50.5.
Manufacturing activity not out of the woods yet – PMI
The month of July saw the manufacturing sector flattened out after ten consecutive months of expansion, with a seasonally adjusted PMI for July at 49.9.
Let’s have a conversation about welfare
A full range of options should be considered for tackling our high benefit numbers, says BusinessNZ.
Interest-free loans need scrutiny
BusinessNZ says action is needed on the country’s $11 billion student loan debt.
Steady as she goes for service sector pick-up – PSI
The service sector continued to show improved signs of growth, despite some areas of the sector still facing difficult times, with a seasonally adjusted PSI for June at 55.7.