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

 


Upper North Island Business Optimism Remains High

Upper North Island Business Optimism Remains High

Business confidence amongst Northern region firms has continued to improve this quarter with a net 45% of respondents believing that the New Zealand business situation will improve, up from 43% last quarter and more than twice the net confidence for this time last year (20%), according to the latest figures from the Chamber of Commerce quarterly business confidence survey.

Tauranga Chamber Chief Executive Max Mason says he is pleased, although not surprised, with the results of the latest survey which also indicates that a net of 47% of business owners believe that their own business situation will improve.

The Chamber quarterly survey was undertaken electronically last week.

“This recent survey reflects what most business owners have been telling us. There are still challenges – like demand in some sectors, obtaining finance and finding the right employees, but things are improving,” Mr Mason said. “Business owners are increasingly positive about the New Zealand economy and also about their own businesses.

“The survey findings still reflect difficulties for businesses in finding the right staff – 27% indicating difficulty in finding the right people with the right skills.” However, employment intentions still remain high.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

New Record: Migrant Arrivals At 129,500 A Year

Annual net migration has been steadily increasing since 2012. "This was mainly due to the rising number of migrant arrivals to New Zealand," population statistics senior manager Peter Dolan said. "Fewer migrant departures also contributed to the increase in net migration." More>>

ALSO:

Launched: NASA's Super Pressure Balloon Takes Flight From NZ

NASA successfully launched its football-stadium-sized, heavy-lift super pressure balloon (SPB) from Wanaka, New Zealand, at10:50 a.m. Tuesday, April 25 (6:50 p.m. April 24 in U.S. Eastern Time), on a mission designed to run 100 or more days floating at 110,000 feet (33.5 km) about the globe in the southern hemisphere's mid-latitude band. More>>

ALSO:

Trade Agreements: TPP Minus US Starting To Gain Ground

The Japanese government is picking up the pace on reviving the Trans-Pacific Partnership trade and investment deal, with talks scheduled next month among the 11 countries left in the pact after the withdrawal by the US after the election of president Donald Trump. More>>

ALSO:

PACER:

Prices Up 2.2%: Annual Inflation Highest In Over Five Years

"Rising petrol prices along with the annual rise in cigarette and tobacco tax lifted inflation," prices senior manager Jason Attewell said. "Petrol prices in New Zealand are closely linked to global oil prices, and cigarettes and tobacco taxes rise in the March quarter each year". More>>

ALSO:

Undertaxed? NZ Income Tax Rate Second Lowest Among Developed Nations

New Zealand workers pay the second smallest portion of their income to the government among developed nations and less than half the average ratio of their Organisation for Economic Cooperation and Development peers. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news