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

 

Continued business confidence:Northern Region Chamber survey

20 August 2013

Continued business confidence in Northern Region Chamber survey

A Chamber of Commerce survey undertaken last week of northern region businesses suggests that confidence is still steady, with firms predicting that things will continue as they were last quarter.

Tauranga Chamber of Commerce chief executive Max Mason reports that results do not suggest any dramatic change in confidence this quarter.

“The results this quarter are what I would expect and reflect results of other New Zealand business monitors – which suggest confidence is still up and rising, albeit slower than earlier in the year. Respondents are still concerned about customer demand, the value of the New Zealand dollar, as well as the local costs of doing business, and finding skilled staff,” he said.

Latest survey results indicate that in relation to their own business 57% of business owners believe their own business situation will improve, up slightly from last quarter at 56% and a year ago at 54% - with 34% predicting the same situation for their businesses in the next six months. 9% think it will deteriorate.

In relation to the general business situation in New Zealand 50% of business owners believe that will improve over the next six months down 2% from last quarter but up 17% from August last year. 43% of businesses believe that the general New Zealand business situation will remain the same, and 7% think it will deteriorate.

“Despite the continued business and consumer confidence, businesses are still waiting for the confidence to be translated into bottom line profit,” Mr Mason said.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Retail: Supermarkets Announced As Government’s Second Market Study

The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries. More>>

ALSO:

Statistics New Zealand: Retail Sales Recover In The September 2020 Quarter

Retail sales values recorded the largest September quarter rise since the series began in 1995, Stats NZ said today. Spending on major household items, vehicles, and groceries contributed to the strong 7.4 percent ($1.8 billion) rise in total ... More>>

Kea Aerospace: New Zealand Flies Into The Stratosphere

Development has started on a solar-powered, unmanned aircraft that can fly in the stratosphere continuously for months at a time. The zero-emission aircraft will carry a suite of imagery equipment that will be game-changing for many industries, vastly ... 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:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>