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


Business Confidence shows slow recovery

Business Confidence shows slow recovery

A Chamber survey of businesses in the Auckland Region reveals that business confidence is slowly improving following its dramatic fall last quarter.

When questioned on their view whether the general business situation in New Zealand would improve or deteriorate over the next six months, businesses showed a small improvement from last November’s net -15% result to now be net -9%.

Chamber Chief Executive Michael Barnett said it may be a sign of business coming to grips with the new Government and the sentiment it’s providing.

“Nevertheless, Labour still has plenty of work to do to restore confidence with large sections of the business community, with almost 30% of those surveyed still believing things will deteriorate over the next six months.”

The survey also revealed that employers were continuing to have difficulty finding the right people with the right skills.

“Nearly half of all businesses surveyed said it was now harder to find skilled or specialist staff than before the election. This should be of concern to the Minister of Immigration.”

Businesses also highlighted infrastructure and immigration as two of the most important factors affecting future business success in Auckland.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Land Report: Issues With Soil Degradation

An environmental report released today has found we are damaging and losing our soils and our native plants and animals. More>>


Water Quality Report: Cause For Optimism

National River Water Quality Trends released by Land, Air, Water Aotearoa (LAWA) this week, reveal that for all river water quality parameters monitored over a 10 year period, more sites were improving than deteriorating. More>>


IMF Report On NZ: Positive Economic Outlook

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy. More>>


Retail Power Price: Review Panel Named

The Energy and Resources Minister Megan Woods has released the details of who will sit on an expert advisory panel which is tasked with leading a review into the price of electricity in New Zealand. More>>


Increasingly Disruptive Threats: Govt Cyber Security Refresh

Broadcasting, Communications and Digital Media Minister Clare Curran today announced a comprehensive refresh of New Zealand’s approach to cyber security. More>>


Regional Growth: Action Plan To Modernise Taranaki’s Economy

The Provincial Growth Fund (PGF) will invest up to $20 million to help future-proof the Taranaki region by diversifying its economy, creating additional jobs and leveraging off the strong base the region has established through its oil, gas and agricultural ... More>>


Winding Down Irrigation: Funding Ends For Crown Irrigation Investment

The Government has begun winding down public funding for large-scale irrigation through Crown Irrigation Investments Limited (CIIL), in line with the Coalition Agreement and the Confidence & Supply Agreement. More>>