Resources
Services sector drop
New Zealand’s services sector went into contraction for the first time since February 2022, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for April was 49.8 (A PSI...
Little momentum
New Zealand’s manufacturing sector experienced another decline in activity during April, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted...
Business Payment Practices Regulations
BusinessNZ outlines concerns about the regulatory burden the proposed payment transparency regime might impose.
Fire insurance transitional levy increase
BusinessNZ believes significant elements of fire services should be funded out of general taxation, given the public good nature of much of what the fire service does. Funding via a fire insurance...
Climate Change Response (Late Payment Penalties and Industrial Allocation) Amendment Bill
Several proposed amendments create additional risk for decarbonisation projects which could lead to resources being invested in other jurisdictions with a lower risk profile, the BusinessNZ Energy...
Price discovery in a renewable based system
The BusinessNZ Energy Council makes recommendation in response to the Market Development Advisory Group's options paper on price discovery in a renewable based system.
Improving market governance of the NZ Emissions trading Scheme
The BusinessNZ Energy Council recommends against the Government procuring and funding an NZU exchange as this could lead to market disruption and confer market power on the chosen operator.
Enabling investment in offshore renewable energy
The BusinessNZ Energy Council recommends efficiency criteria and a competitive process for developing a regulatory framework for permitting and licensing offshore renewable energy.
To and fro
Expansion levels for New Zealand’s services sector decreased in March, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for March was 54.4 (A PSI reading above 50.0...
Headwinds ahead
New Zealand’s manufacturing sector experienced a decline in activity during March, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for...
BusinessNZ Planning Forecast March 2023 quarter
The NZ economy continues to face both international and domestic pressures resulting in the increased prospect of a mild recession. The BusinessNZ Economic Conditions Index sits at -12 for the March...
Therapeutic Products Bill
ExportNZ recommends that the NZ domestic regulation of therapeutic products should be aligned with the regulation of products produced for export as set by importing countries’ requirements, to...