Incentives for firms to invest in innovation are welcome, says BusinessNZ…

Incentives for firms to invest in innovation are welcome, says BusinessNZ…
Risks and opportunities for the New Zealand economy are finely balanced, according to the latest BusinessNZ Planning Forecast.
The services sector continued to show healthy expansion for February, with a seasonally adjusted PSI for February at 55.6.
The services sector started the year on the right note, with expansion improving during January, with a seasonally adjusted PSI for January at 57.8.
The latest study by the Productivity Commission is a useful, although partial, insight into the economy, says BusinessNZ.
The Local Government Funding Review discussion paper released today is useful and should spark discussion on wider issues including the proper role and limits of local government, says BusinessNZ
The services sector ended on a solid note in 2014, with expansion improving during December, with a seasonally adjusted PSI for December at 56.5.
Expansion in the services sector eased during November, although still remains at solid levels, with a seasonally adjusted PSI for November at 54.8.
The services sector remained at consistent and healthy levels of expansion during October, with a seasonally adjusted PSI for October at 57.8.
The World Bank’s Doing Business survey of business regulations has again ranked New Zealand 2nd in the world for overall ease of doing business.
Competition in consenting activities should be considered, along with other options, in the coming review of the Resource Management Act, says BusinessNZ.
The services sector showed increased expansion during September, with a seasonally adjusted PSI for September at 58.0.