New Research by Sense Partners into increasing costs show that while the price of goods and services have increased across the board, inflated profits are not the driving force in New Zealand. The report released today: Greedflation in New Zealand? An imported narrative was commissioned by BusinessNZ. Director of Advocacy...
Export New Zealand celebrates the Government’s announcement that a Free Trade Agreement (FTA) with the United Kingdom will soon come into force, on 31 May. ExportNZ Senior Policy Advisor Josh Tan calls the NZ-UK FTA “A comprehensive and modern Free Trade Agreement that will deepen the NZ-UK economic relationship”. “This...
The latest BusinessNZ Planning Forecast shows New Zealand’s economy continues to face pressure from within and further abroad, increasing chances of recession. BusinessNZ Chief Executive Kirk Hope says some of these pressures are beyond our control, “including the impact of recent flooding which resulted in significant damage and personal loss...
The BusinessNZ Energy Council (BEC) says investigating answers to the dry year problem is important, but options must consider solutions for both short and long-term energy issues. “With the world moving to decentralised options, and with extreme weather events highlighting risk, it is important the Government considers options that are...
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 the second half of next year. BusinessNZ’s forecast...
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 for business. “It is positive to see vocational level skills recognised...
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 offer to do so – instead, the BusinessNZ Network will...
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 nations based on three key aspects; Energy equity, security and sustainability....
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 heard when informing the scope of the upcoming Strategy....
