BusinessNZ Press Releases

BusinessNZ welcomes the proposals outlined in the ACC discussion document, providing choice and competition.

BusinessNZ praises Budget 2011 for focusing on skills for rebuilding Christchurch following the February earthquake. Funding for trades training will include more construction-related places being available at training institutions.

Manufacturing activity has been shaken over the last couple of months, but is still keeping its head above water, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

BusinessNZ welcomes vocational pathways. The Education Minister has announced new vocational pathways for the Youth Guarantee Scheme. The Youth Guarantee Scheme allows 16 and 17 year to study towards their NCEA in both schools and tertiary organisations.

The announcement by Government outlining a $2.5 million funding package for business is welcomed by business.

CEOs of 50 leading New Zealand companies today developed a Steering Group to co-ordinate private sector support for Christchurch following this week’s devastating earthquake. The members of BusinessNZ’s Major Companies Group CEO Forum were briefed by Prime Minister John Key, Finance Minister Bill English and Earthquake Recovery Minister Gerry Brownlee at a meeting in Auckland this afternoon.

Overall activity in the service sector for the first month of 2011 displayed a fairly lacklustre beginning, while the newly established Combined Index shows a similar pattern to the end of 2010, according to the BNZ – BusinessNZ Performance of Services Index (PSI).

Despite a dip in expansion, the service sector activity continued to keep its head above water, according to the BNZ – BusinessNZ Performance of Services Index (PSI).

October saw little change from September regarding activity in manufacturing, as the sector remains fairly static and still not quite able to get into expansionary territory, according to the BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

September saw little change from August regarding activity in manufacturing, as the sector remains flat and unable to expand, according to the BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

BNZ – BusinessNZ Performance of Services Index shows a slight improvement in the service sector activity in August 2010. However results over the next few months may not be as favourable following the Canterbury earthquake.