The recent Christchurch earthquake has led to a clear divide in the level of activity between the two main islands, with a seasonally adjusted PSI for March at 50.8.
Business & Society
Enhanced business input to Australia NZ Leadership Forum
The 7th Australia NZ Leadership Forum will be a further opportunity for business to help shape the economic agenda between the two countries, says BusinessNZ.
Private sector supports rebirth of strong Canterbury
Today’s announcement by Government outlining a $2.5 million funding package for business is welcomed by business.
Industries coordinate for recovery
Industry associations are working towards further coordination of the Christchurch relief operation.
NZ economy buoyed by commodity exports, dented by earthquake
Forward indicators were pointing to an upturn for the NZ economy until the Christchurch earthquake, according to the BusinessNZ Planning Forecast.
PMI & PSI surveys suspended for February
BNZ & BusinessNZ advise that their monthly surveys of the manufacturing and services sectors will not be operational for the month of February.
Support package timely
BusinessNZ says the support package announced today for employers and employees is timely.
Emergency meeting of CEOs & Govt on earthquake response
CEOs of 50 leading New Zealand companies today developed a Steering Group to co-ordinate private sector support for Christchurch following this week’s devastating earthquake.
Lacklustre start to service sector activity for 2011 – PSI
Overall activity in the service sector for the first month of 2011 displayed a fairly lacklustre beginning, while the newly established Combined Index shows a similar pattern to the end of 2010. The seasonally adjusted PSI for January was 50.8.
Service sector closes 2010 on similar note – PSI
Overall activity in the service sector for the last month of 2010 ended up being a repeat of 2009, with a seasonally adjusted PSI for December at 52.5.
Slow slog for service sector heading into Christmas – PSI
Activity in the service sector is exhibiting little Christmas cheer, with a seasonally adjusted PSI for November at 51.4.
New President for BusinessNZ
Dunedin businessman Philip Broughton was today elected President of BusinessNZ.