The latest BusinessNZ Planning Forecast reveals that while things might look favourable at first, there are several factors which are still cause for economic concern. Both Treasury and the Reserve Bank have predicted the economy will go into a shallow recession by...
Media Releases
Recent media releases from BusinessNZ.
BusinessNZ welcomes additions to the Green List
It is positive to see Government recognise the extreme skill shortages affecting business with changes to immigration settings today, says BusinessNZ Chief Executive Kirk Hope. “Pushing out accreditation will save an estimated $30 million in compliance costs next year...
BusinessNZ Network available to help
BusinessNZ will not be the default negotiator for Fair Pay Agreements but will provide assistance to employers who are required to negotiate an FPA with unions. BusinessNZ Advocacy Director Catherine Beard says the organisation will not take the Government’s monetary...
NZ energy system is top 10, security key focus
The BusinessNZ Energy Council (BEC) is proud New Zealand’s energy sector remains one of the top ten globally for equitable, secure and sustainable access, but says energy security is a risk. Each year the World Energy Council’s Energy Trilemma Index ranks...
NZ Energy Strategy: Terms show Govt is listening
The BusinessNZ Energy Council (BEC) welcomes the New Zealand Energy Strategy terms of reference and is pleased to see many of the recommendations put forward to Government have been considered. BEC Executive Director Tina Schirr says the industry’s voice has been...
Energy market review – more renewables, competition
Explaining energy doesn’t have to be complicated. Introducing Energy 101 – a new series from BEC designed to help everyone understand NZ’s energy system. In today’s lesion you’ll meet Helios Energy’s Sarah Tapp, for an intro to solar power and its potential to further diversify renewable energy here.
Wage pressure feeds inflation
Increasing the wage thresholds for international skills and talent is unnecessary and will feed inflation, says BusinessNZ Chief Executive Kirk Hope. "In the current environment of extreme skill shortages, high inflation, negative net migration and ongoing global...
Phones off the hook – Govt ignores business again on FPA concerns
The Government has failed to listen to business concerns and has doubled down on the worst elements of the Fair Pay Agreements Bill, says BusinessNZ. The Fair Pay Agreements Bill has now been reported back from select committee prior to it being passed by...
NZ Economy: Caution signs ahead
The latest BusinessNZ Planning Forecast reveals a subdued 24 months of economic growth ahead, despite recent improved signs of activity.The forecast for the September 2022 quarter shows there is still plenty of risk both at home and abroad, with inflationary and...
Skills and labour shortages the top business concern
Skills and labour shortages were the top business concern of 102 businesses surveyed by the BusinessNZ Network in September.
Winners and losers in NZ-EU FTA
Winners and losers in NZ-EU FTA Director of Advocacy at BusinessNZ Catherine Beard said while the NZ Government and Officials were able to land some wins for exporters in the newly announced FTA with the EU, it is also a deal that falls well short of our best...
NZ economy: prevailing headwinds
The latest BusinessNZ Planning Forecast reveals business and consumer confidence is low, with factors at home and abroad hampering our recovery. The Forecast for the June 2022 quarter shows global economic recovery post-Covid has taken a hit in both prolonged...