Expansion in the service sector is at its highest level in the lead-up to Christmas, with a seasonally adjusted PSI for November at 62.6.
Recent media releases from BusinessNZ.
Expansion levels in the service sector eased slightly during October, with a seasonally adjusted PSI for October at 58.4.
The level of expansion in the service sector for September remained near its peak, with a seasonally adjusted PSI for September at 59.0.
The level of expansion in the service sector last month was the highest recorded since the BusinessNZ Performance of Services Index (PSI) survey began five months ago in April. The August PSI stood at 59.4
Service sector activity is continuing to expand, although not at levels recently recorded, with a seasonally adjusted PSI for July at 55.2.
Service sector activity is still expanding at a solid level, with a seasonally adjusted PSI for June at 57.8.
Service sector activity is still on the increase, according to BusinessNZ’s new monthly survey, with a seasonally adjusted PSI for May at 58.5.
The first results from a new monthly survey series shows expansionary activity in the service sector, with a seasonally adjusted PSI for April at 58.3.
Compliance costs have increased for four out of six business sizes, with tax and employment law the top concerns, according to the latest annual survey of business compliance costs.
The importance tax assumed during the 2005 election campaign has been underlined by the findings of the third annual BusinessNZ-KPMG Compliance Cost Survey.
The business community will be wary of claims of a large drop in tax compliance costs, according to BusinessNZ.
Two recent compliance cost surveys, undertaken by BusinessNZ-KPMG and Otago University, used different sample groups and methodologies.