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

 

Number of Businesses in NZ Up 4 Percent

26 October 2006

Number of Businesses in New Zealand Up 4 Percent

The number of non-farming businesses increased 4 percent in February 2006 compared with February 2005, following a 3 percent increase in the previous year, Statistics New Zealand said today.

In February 2006, there were 346,000 businesses in New Zealand. Property and business services continues to be the industry with the largest number of businesses, representing 36 percent of all enterprises in New Zealand. This year's increase in business numbers resulted mainly from property and business services (up 5,900), followed by construction (up 2,300). These industries also contributed most to last year's growth. The majority of the new businesses in these industries were non-employing (83 percent in property and business services, and 52 percent in construction).

Ninety-six percent of non-farming businesses had fewer than 20 employees, but in total this group accounted for less than a third of all New Zealand employees. Ninety-seven percent of the annual growth in business numbers comes from businesses with fewer than 10 employees. Business numbers increased in all regional council areas in February 2006 compared with February 2005.

More than three-quarters of New Zealand businesses were located in the North Island, with 35 percent in the Auckland region. The number of businesses increased by 3 percent in the North Island and by 4 percent in the South Island.

Business demography statistics exclude businesses engaged in farming, and generally exclude businesses with GST turnover less than $30,000 per year.

Brian Pink

Government Statistician

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Stats NZ: Largest Drop In Terms Of Trade In A Decade As Dairy Export Prices Sour

Lower export prices for dairy, meat, and logs in the September 2020 quarter led to the biggest drop in terms of trade since June 2009, Stats NZ said today. Export prices fell in the September 2020 quarter, down 8.3 percent from its highest ever ... More>>

ALSO:

Stats NZ: Election Boosts October Job Numbers

Job numbers were boosted by general election staff in October 2020, along with rises in the manufacturing, retail, and hospitality industries, Stats NZ said today. Filled jobs rose by 27,667 to 2.2 million in October 2020 compared with September, after ... More>>

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>

ALSO:


Media: Discovery, Inc. Completes Acquisition Of New Zealand’s Mediaworks TV Ltd

Auckland, New Zealand, December 1, 2020 - Discovery, Inc. (“Discovery”), the global leader in real-life entertainment, has completed its acquisition of New Zealand’s leading independent free-to-air commercial broadcaster, MediaWorks TV Ltd, now operating ... More>>

Department Of Conservation: Big Year Underway At Albatross Colony

Familiar faces are returning for the new season of Royal Cam, with a big breeding year underway for the toroa/northern royal albatross colony on Otago’s windswept Pukekura/Taiaroa Head. More than 120 albatrosses, a taonga species, have returned ... More>>

Real Estate: ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing

ALSO:

House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO: