Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


NZ's Competitiveness Slide An Early Warning

Media release
October 15th 2004

NZ's competitiveness slide an early warning

New Zealand's slipping back to 18th place in the Global Competitiveness Survey of business competitiveness should not be taken lightly, the Employers & Manufacturers Association (Northern) says.

"We must take the slip backwards in the Global Competitiveness Survey as an early warning signal," said Alasdair Thompson, EMA's chief executive.

"The survey found New Zealand has several competitive disadvantages likely to deter investment.

"In particular, the global perception of our business environment is that it is more subject now than in previous years to government regulation and compliance costs, and to restrictive employment laws.

"The 'most problematic factors for doing business' score is for restrictive labour regulations, which most probably refers to the complex and expensive Holidays Act, and the new employment relations law."


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>