Business NZ
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Committed to New Zealand's success by promoting sustainable growth through free enterprise Business NZ is New Zealand's largest advocacy group for enterprise, and champions policies leading to: international competitiveness balanced employment, economic and environmental legislation compliance and tax levels that foster growth and investment innovation and skill development an environment fostering the production of high value goods and services
Restricting prices at the lower end of the carbon market would be self-defeating, says BusinessNZ.
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The service sector recovered from a previous lacklustre result to record its highest level of expansion for 20 months, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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BusinessNZ has welcomed the draft report on Housing Affordability released today by the NZ Productivity Commission.
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Manufacturing activity fell further into contraction during November, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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Continued global uncertainty is impacting on New Zealand’s economic performance, with a number of indicators pointing to lower growth projections than previously forecast, according to the BusinessNZ Planning Forecast for the December quarter 2011.
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BusinessNZ and the NZ Council of Trade Unions have combined in a joint statement calling on the government of Fiji to respect their international obligations on labour standards.
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Today’s release of a new report by the IPENZ ‘Realising Our Hidden Treasure’, provides valuable information on the real possibilities of boosting New Zealand’s economy and standard of living, while protecting our natural environment, says ExportNZ Executive Director Catherine Beard.
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Major corporates have voted today to form a new peak industry organisation to promote sustainable business and policies.
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National’s skills and tertiary education policies are practical and well-focused on getting higher skilled New Zealanders, says BusinessNZ.
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BusinessNZ has released its manifesto for the 2011 General Election.
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National’s economic development action plan released today answers some questions about the framework behind current initiatives and new policies, says BusinessNZ.
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A drop in expansion meant the service sector only just managed to keep on the positive side, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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ExportNZ is delighted by the statement made by the leaders of the TPP economies about their vision for the agreement and about their views on the pace of negotiations.
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After six consecutive months of expansion, manufacturing activity fell into contraction during October, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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The National Party’s announcement that it will slow down the full impact of the cost of the ETS on the economy is like saying instead of moving into 4th gear (full speed ahead) we will stay in 3rd gear a bit longer, when we should have been in 1st or 2nd gear at the most from the start of the scheme, says Executive Director of ExportNZ, Catherine Beard.
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The slower introduction of the full effects of the ETS is welcome but National’s Environment and Climate Change Policy announced today would impose too much additional cost on businesses and households, says BusinessNZ Chief Executive, Phil O'Reilly.
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ExportNZ is welcoming the changes the Government is making to the services offered by the New Zealand Export Credit Office (NZECO).
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The innovation policy released by the Government today is the best single action that could be taken to grow high tech manufacturing and services in New Zealand, says BusinessNZ, Chief Executive, Phil O'Reilly.
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BusinessNZ Chief Executive Phil O'Reilly said today that the business and wider community would be saddened by the loss of Roger Kerr, a courageous and respected New Zealand leader.
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BusinessNZ says it’s good that the Government is focusing on youth employment in its employment relations policy announced today.
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Labour’s superannuation policy would backfire on workers, says BusinessNZ.
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ExportNZ Executive Director Catherine Beard welcomes the announcement that the New Zealand Government is to start talks on a closer economic cooperation agreement with Chinese Taipei.
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ExportNZ has released its election manifesto to all political parties today in the lead up to the 2011 election.
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Employers are unlikely to be cheering the Government’s decision to go ahead with auto-enrolment in KiwiSaver, says BusinessNZ.
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Employment policy released by the Labour Party today would lead straight back to strike-ridden National Awards, says BusinessNZ.
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WELLINGTON CITY — Spokespeople from all major political parties will outline their policies for business and the economy at the Deloitte-BusinessNZ Election Conference in Wellington on 31 October.
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The service sector remains within a very tight band of expansion that has now continued for three months, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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Despite another dip in expansion, manufacturing activity managed to keep its head above water, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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Continuing healthy levels of new business/orders and activity/sales kept the service sector in expansion for August, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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Slowing down the implementation of New Zealand’s emissions trading scheme would be a good move, says BusinessNZ.
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August saw a mix of results that kept manufacturing in expansionary mode, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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Improving financial literacy and giving the public understandable financial information are hot topics right now.
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A static performance is not enough when our competitors are accelerating, says BusinessNZ.
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Forward-looking indicators show the New Zealand economy continuing to improve despite nervousness in global markets, according to the BusinessNZ Planning Forecast for the September quarter 2011.
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BusinessNZ is pleased to see the Labour Party’s youth skills and employment policy focusing on the crucial need to ensure that all young people under 20 years of age are learning or earning.
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National strategies released today for energy and energy efficiency show a balanced approach, says BusinessNZ.
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July saw ongoing durability in New Zealand’s manufacturing sector, partly aided by our trans-Tasman cousins according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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The decision to include Business Studies as an approved subject for University Entrance from 2012 has been welcomed by BusinessNZ.
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BusinessNZ has called for a time of careful consideration before any decisions are made on automatic enrolment for KiwiSaver.
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There is significant potential to improve the share of work that New Zealand firms win from major supply chains and the economic rewards for both the companies involved and the local economy are significant, according to a recently released report commissioned by the New Zealand Trade and Enterprise’s Industry Capability Network.
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BusinessNZ welcomes the Government’s decision to review industry training.
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BusinessNZ is today releasing a report exposing reasons for exercising caution in making assessments about the relative stringency of Australia’s carbon pricing policy versus the New Zealand ETS.
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The service sector continues to roll into higher levels of expansion, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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Tax proposals announced by the Labour Party won’t make the boat go faster, says BusinessNZ.
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Activity in the manufacturing sector for June saw an ongoing and steady level of expansion, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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BusinessNZ Chief Executive Phil O’Reilly made a call for free trade in the Asia Pacific region, at the Japan-New Zealand Partnership Forum in Tokyo today.
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A sounder financial footing for ACC along with lower levies for 2012/13 is good news for premium payers, BusinessNZ says.
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Millions of domestic workers around the world stand to gain improved working conditions following a vote at the International Labour Organisation (ILO) last week.
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The service sector continued to show improvement in expansion during May, although at a slow pace, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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The month of May saw the manufacturing sector continue its march towards stronger expansion, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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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 for the June quarter 2011.
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BusinessNZ and Landcare Research have partnered with the producer of the world’s most widely used sustainability reporting framework, the Global Reporting Initiative (GRI), to provide an accurate and complete sustainability reports database for New Zealand.
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BusinessNZ has characterised Budget 2011 as cautious and safe, with most announcements generally pointing in the right direction of reducing government expenditure and debt.
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Operating costs and business debt shouldered not only by farms but all businesses are reflected in their level of taxes paid, says BusinessNZ.
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CHRISTCHURCH — The Budget’s focus on skills to rebuilding Christchurch is well-placed, says BusinessNZ.
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Despite recent shocks to the economy, manufacturing has continued its run of expansion, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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The Electricity Authority’s proposed conclusion that an undesirable trading situation (UTS) took place on 26 March, sends a clear signal to the market about expectations of appropriate trading behaviour, says BusinessNZ Chief Executive Phil O’Reilly.
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The recent Christchurch earthquake has led to a clear divide in the level of activity between the two main islands, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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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).
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New Zealand’s emissions trading scheme would be fit for purpose if there was a deep and liquid global carbon market, but the existence of such a market is increasingly unlikely in the medium term, says BusinessNZ.
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ExportNZ says New Zealand’s educational institutions offer a valuable export commodity with great potential for growth.
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BusinessNZ has welcomed Government proposals to broaden the range of learning options for young people.
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The 7th Australia New Zealand Leadership Forum which opens in Auckland on Friday 8 April will be a further opportunity for business to help shape the economic agenda between the two countries, says BusinessNZ.
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CHRISTCHURCH — The Buy NZ Made campaign, part of BusinessNZ, has today launched a new campaign called Love Christchurch Made to help Canterbury manufacturers promote their products.
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CANTERBURY — Today’s announcement by Government outlining a $2.5 million funding package for business is welcomed by business.
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Our next National Infrastructure Plan requires more detail about infrastructure trade-offs, says BusinessNZ.
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Asking the right questions is vital in the review of New Zealand’s Emissions Trading Scheme (NZETS), says BusinessNZ Chief Executive Phil O’Reilly.
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A month ago the New Zealand manufacturing sector was looking reasonably healthy.
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Forward indicators were pointing to an upturn for the New Zealand economy until the Christchurch earthquake, according to the BusinessNZ Planning Forecast for the March quarter 2011.
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BusinessNZ says the support package announced today for employers and employees is timely.
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CHRISTCHURCH — 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.
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CHRISTCHURCH — BusinessNZ CEO Phil O’Reilly says there has been overwhelming support from the business community wanting to be involved in the relief effort after the Christchurch earthquake.
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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).
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Manufacturing activity in January 2011 shows a positive start to the year with the fourth consecutive month in expansion, according to the BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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‘Under the radar’ moves towards central wage fixing are completely unacceptable, says BusinessNZ.
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There are many recommendations by the Savings Working Group that should be seriously considered, according to BusinessNZ.
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Overall activity in the service sector for the last month of 2010 ended up being a repeat of 2009, according to the BNZ – BusinessNZ Performance of Services Index (PSI).
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ExportNZ is very supportive of the Government’s decision to extend the mandate of the Export Credit Office (NZECO) to 2014.
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Manufacturing activity in 2010 ended on a solid note, with its third consecutive month in expansion, according to the BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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BusinessNZ has joined the Major Economies Forum on Energy Security and Climate Change (BizMEF), a partnership of business organisations in leading economies that work to promote energy security and cooperative action on climate change.
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After four months of flatness in the manufacturing sector, November finally saw manufacturing turn the corner with modest expansion in all regions and in all the indices measured, according to the BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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The deterioration in the Government’s accounts because of low economic growth and some one-off problems is not surprising, says BusinessNZ.
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Much has already been written about the outcome of the global climate change negotiations that concluded on Friday, with undoubtedly much more to come over coming months as the entrails of the negotiations are dissected.
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BusinessNZ has welcomed the Treasury’s intention to provide advice on options for reviewing the form of state assets. BusinessNZ Chief Executive Phil O’Reilly says the economy would benefit from greater use of the value held in Crown-held companies.
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New Zealand’s economic prospects are improving despite some risks, according to the BusinessNZ Planning Forecast for the December quarter 2010.
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Wide feedback from the community could help get consensus on welfare reform, says BusinessNZ.
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ExportNZ welcomes the news that negotiations on a free trade agreement between New Zealand and Russia, Belarus and Kazakhstan will start early next year.
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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).
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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).
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Implementing the 2025 Taskforce report would require rebalancing the economy says BusinessNZ.
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Service sector activity climbed further into expansion during September, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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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).
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With the future of New Zealand’s economy dependant on export success, ExportNZ is holding a must-attend international business forum for New Zealand firms, Go Global, at Auckland’s SKYCITY Convention Centre on 27 October.
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BusinessNZ endorses new funding rules for Industry Training Organisations, saying they will help the move towards more ITO cooperation and amalgamation, allowing for a reduction in training costs borne by business and taxpayers.
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BusinessNZ says the report released today by the Land & Water Forum is a first step towards an improved water management system for New Zealand.
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Service sector activity improved slightly in August, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
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The month of August saw the manufacturing sector remain flat for the second consecutive month after steady expansion in the first half of the year, according to the BNZ - BusinessNZ Performance of Manufacturing Index (PMI).
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New Zealand has slipped three places in the Global Competitiveness Index, from 20th in 2009 to 23rd in 2010.
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