Economy & Tax

NZ’s manufacturing sector year ended with a flat result with a seasonally adjusted PMI for December at 50.1....
The service sector remains in expansion mode, but not at the level as last month. The PSI for November was 54.1....
NZ’s manufacturing sector continues to meander along in a tight band as we head towards the end of 2012. The seasonally adjusted PMI for November was 48.8....
Businesses in NZ and Australia want tax changes to get closer to a single economic market, says BusinessNZ....
The BusinessNZ Planning Forecast indicates continued patchy growth in the short term, but with pockets of optimism as the housing market begins to show signs of life and the Christchurch rebuild starts to gain momentum....
The service sector breathed back into life during October. The PSI for September was 57.4....
NZ’s manufacturing sector returned to a minor level of expansion in October, although the sector remains in a flat state. The seasonally adjusted PMI for October was 50.5....
The service sector fell into technical contraction for the first time since mid-2010, with a seasonally adjusted PSI for September at 49.6....
Despite a slight improvement from the previous month, NZ’s manufacturing sector remained stubbornly in contraction during September, with a seasonally adjusted PMI for September at 48.2....
A starting-out wage will help get more young people into jobs, says BusinessNZ....