New Zealand’s services sector continued to show solid levels of expansion in May, according to the BNZ – BusinessNZ Performance of Services Index.
Economy & Tax
Pumping production – PMI
The seasonally adjusted PMI for May was 57.1. This was 0.5 points higher than April, and the highest level of expansion since January.
Budget 2016 commentary
BusinessNZ commentary on Budget 2016
Budget prudent and balanced
Budget 2016 is prudent, balanced
Tourism sweet spot for economic growth
Tourism is NZ’s largest export earner, bringing opportunities
Positive Stance
New Zealand’s services sector experienced increased levels of expansion in April according to the BNZ – BusinessNZ Performance of Services Index (PSI).
On the up – PMI
New Zealand’s manufacturing sector experienced a lift in expansion for April, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
Autumn tinge – PMI
New Zealand’s manufacturing sector continued to experience a slower rate of expansion in March, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index
Solid territory – PSI
New Zealand’s services sector experienced slower levels of expansion in March according to the BNZ – BusinessNZ Performance of Services Index.
Tax simplification welcomed
Tax simplification welcomed Business tax changes will make compliance easier for most enterprises, BusinessNZ says.The Prime Minister announced improvements to several areas of business tax in a pre-Budget speech to business today.BusinessNZ Chief Executive Kirk Hope...
Increased pace – PSI
New Zealand’s services sector experienced increased levels of expansion in February, according to the BNZ – BusinessNZ Performance of Services Index.
February pause – PMI
New Zealand’s manufacturing sector experienced a slower rate of expansion in February, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index.