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

 


NZ Businesses Clean Up Travel Spend

Media Release 22 November 2006

NZ Businesses Clean Up Travel Spend


Travel expenses are becoming more transparent in New Zealand thanks to publicity over big spending councillors and MPs, according to a leading business travel agency.

FCm Travel Solutions general manager Christian Casbolt said many of the company’s public sector and corporate clients were demanding much more transparent reporting of their travel spending, as high profile cases continues to hit the headlines.

“Businesses are increasingly conscious of being as transparent as possible to the public, to avoid any speculation about their travel spend,” he said.

“Certainly the close scrutiny of MPs’ travel expenses has prompted many to take steps to ensure there’s no chance the finger might be pointed at them.”

Earlier this month Foreign Minister Winston Peters was reported to have clocked up more than a quarter of a million dollars in travel in the three months.

Last month Auckland City Council officials were questioned over whether their travel expenses could be justified.

Mr Casbolt said such incidents have changed the climate of business travel, with many high profile companies cutting back on what may be perceived as travel perks.

“Most companies still recognise the toll that business travel can take on its employees and their personal lives, so there’s still an element of flexibility. However, many have adjusted their travel policies to make it very clear about what is and what isn’t acceptable,” he said.

“The transparency has also allowed them to see where they can cut costs and what organisational behaviours can be modified to get a better return on their travel spend.”

“There is a noticeable trend amongst companies, especially those that are publicly listed, towards being not only more cost conscious but conscious of the risks to their image that their travel policies may have.”

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news