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Solid territory – PSI
New Zealand’s services sector experienced slower levels of expansion in March according to the BNZ – BusinessNZ Performance of Services Index.
Foreign Direct Investment of FDI
Foreign direct investment is essential for New Zealandbusiness development, according to an NZIER report commissioned by ExportNZ.
Changes in employment relations
Changes to employment relations law and regulations in 2016
Holidays Act can be improved
BusinessNZ says the Holidays Act can be improved to reduce the confusion around holiday pay.
Parental leave changes positive
From April 1st, the Parental Leave and Employment Protection Act also provides for parental leave payment to be made even if the employee resigns their position.
New Zealand’s economic prospects
The economy is in trouble, and it’s all dairy’s fault. That is the most common complaint I hear today. The drop in global dairy prices has sparked a bit of pessimism. Commentators are calling out the dairy industry as an obstacle to a healthy economy. It’s right to be concerned about conditions facing the dairy industry – but the complaint doesn’t fully represent what’s going on in the New Zealand economy.
Kirk Hope: dairy struggles don’t represent what’s going on in the NZ economy.
Survey shows resilience key to our energy future
The newly released World Energy Issues Monitor, the World Energy Council’s annual survey for New Zealand, shows the issues keeping New Zealand energy executives awake at night reflect rapidly changing energy needs and the challenge of achieving a more resilient energy system.
Increased pace – PSI
New Zealand’s services sector experienced increased levels of expansion in February, according to the BNZ – BusinessNZ Performance of Services Index.
February pause – PMI
New Zealand’s manufacturing sector experienced a slower rate of expansion in February, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index.
Urgent review of Holidays Act required
BusinessNZ and the NZ Payroll Practitioners’ Association are calling for an urgent review of the Holidays Act.
Holiday Mode – PSI
New Zealand’s services sector began 2016 with a solid level of expansion. The PSI for January was 55.4, while this was 3.1 points lower than December it still represented healthy activity in the sector.