Economy & Tax

Tax proposals announced by the Labour Party won’t make the boat go faster, says BusinessNZ....
Activity in the manufacturing sector for June saw an ongoing and steady level of expansion, with a seasonally adjusted PMI for June at 54.3....
The service sector continued to show improvement in expansion during May, although at a slow pace, with a seasonally adjusted PSI for May at 52.8....
The month of May saw the manufacturing sector continue its march towards stronger expansion, with a seasonally adjusted PMI for May at 54.7....
The best terms of trade since the early 1970s and growing business confidence are bringing a positive outlook for the New Zealand economy, according to the BusinessNZ Planning Forecast....
BusinessNZ has characterised Budget 2011 as cautious and safe, with most announcements generally pointing in the right direction of reducing government expenditure and debt....
Operating costs and business debt shouldered not only by farms but all businesses are reflected in their level of taxes paid, says BusinessNZ....
The service sector improved its level of expansion for April, although the devil is in the detail, with a seasonally adjusted PSI for April at 52.6....
Despite recent shocks to the economy, manufacturing has continued its run of expansion, with a seasonally adjusted PMI for April at 51.5....
The Budget’s focus on skills to rebuilding Christchurch is well-placed, says BusinessNZ....