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Economy & Tax

Building momentum – PMI

NZ’s manufacturing sector continued to show upwards momentum since the start of 2013 with a seasonally adjusted PMI for February at 56.3....
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Taxing employee allowances – more work needed to get a better approach

BusinessNZ is not convinced of the merits of IRD proposals for taxing employee allowances....
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Clarity on SOE float welcomed

Clarity provided by the Supreme Court's decision on the proposed share offer for Mighty River Power welcomed....
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Capital markets report useful but more needs to be done

The Government's final report under the Business Growth Agenda lists useful undertakings to enable better access to capital, says BusinessNZ....
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Service sector starts on a positive note for 2013 – PSI

The service sector showed a pick-up in expansion for the start of 2013, with a seasonally adjusted PSI for January at 52.6....
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Back in black – PMI

NZ’s manufacturing sector started 2013 with an encouraging result. The seasonally adjusted PMI for January was 55.2....
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Holding pattern – PSI

The service sector continues to see its level of expansion slip lower with a seasonally adjusted PSI for December at 51.5....
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Flat end to manufacturing year – PMI

NZ’s manufacturing sector year ended with a flat result with a seasonally adjusted PMI for December at 50.1....
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Solid but not spectacular – PSI

The service sector remains in expansion mode, but not at the level as last month. The PSI for November was 54.1....
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CER would benefit from tax change

Businesses in NZ and Australia want tax changes to get closer to a single economic market, says BusinessNZ....
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