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

 


MYOB welcomes Government’s SME focus

MYOB welcomes Government’s SME focus

MYOB, New Zealand’s leading accounting software provider for the SME market is today welcoming the Government’s focus on a vital sector of the economy with the launch The Small Business The Small Business Report, prepared by MBIE, was launched today by Minister for Small Business, the Hon Stephen Joyce, at a special event in Wellington.


Preceding the launch of the report, the Inaugural Symposium of the New Zealand SME Research Hub brought together researchers, officials and policy makers to discuss priorities for SME research and policy and create opportunities for collaboration.

Around 97% of enterprises in New Zealand have fewer than 20 employees, while 69% are operated by sole-traders. The 460,000 small businesses in New Zealand employ 584,000 people.

MYOB General Manager, Adam Ferguson says MYOB applauds the Government’s focus on this important sector for the New Zealand economy.

“SME’s play a significant role in the growth and success of New Zealand. They do this not only through their direct contribution to the economy, but also in terms of innovation, the creation of jobs and opportunities, particularly for young people, and a broader contribution to the success of local communities,” says Mr Ferguson.

“By bringing together the Research Hub, the Government is demonstrating a clear commitment to understanding not just the role SMEs play but the policies and support that can help ensure they succeed.”

MYOB provided a range of information for the report, through the MYOB Business Monitor. The Monitor, which has been running for 5 years in New Zealand, is the largest SME survey of its kind in the country, measuring the performance, challenges and investment strategies of more than 1000 local SME operators.

“We are extremely proud to have played a part in putting together this important report,” says Adam Ferguson.

“For over 20 years, MYOB has worked with the SME sector in New Zealand, focusing on understanding the barriers to success and providing the software and support to make life easier for business operators at every stage.”

“We believe this level of collaboration, between policy makers, researchers and business, can make a major difference in the lives of small business operators around the country.”

For MYOB product information, research results, business tips, discussions, client service and more visit the MYOB website, or its blog, LinkedIn, Twitter, Facebook, Instagram and YouTube sites.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news