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


Confidence Bounce Back

Chamber Business Confidence Survey Over 800 firms surveyed

• Business Confidence lifts net 24 points
• 47% of firms are recruiting; 80% for skills
• Over 50% of firms who are recruiting are
having difficulty finding right people, right skills

The business survey of Auckland and surrounding regions (top half of the North Island) shows business confidence has bounced back significantly from the last quarter.

Net confidence for the last quarter was negative 52 points and this quarter is negative 28.

The biggest opinion move was those who believed the business situation would deteriorate. Last quarter this measured 60% of respondents, but this time that figure dropped to 43%.

Those who believed the business situation would improve jumped from 8% last quarter to 15% in this survey.

When isolating the Auckland region, the result remained the same.

The three big concerns for the region’s businesses were:

• Global uncertainty.
• Compliance costs including local councils.
• Availability of talent.

© Scoop Media

Business Headlines | Sci-Tech Headlines


NIWA: Scientists Say Methane Emitted By Humans ‘vastly Underestimated’

NIWA researchers have helped unlock information trapped in ancient air samples from Greenland and Antarctica that shows the amount of methane humans are emitting into the atmosphere from fossil fuels has been vastly underestimated... More>>


SMC Expert Reaction: Record Dry Spells And Effects On Forests

With no rain forecast before Sunday, Auckland is about to break a record for the city's longest dry spell. Niwa says Auckland is likely to hit 40 consecutive days without rain this weekend . The upper North Island is seeing severe meterological ... More>>


Reserve Bank: Official Cash Rate Remains At 1.0 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. ... More>>


Science Media Centre: Novel Coronavirus Detected In China – Expert Reaction

The virus was detected after more than 40 people were hospitalised with pneumonia in Wuhan City, China and the outbreak traced to a large animal and seafood market. The Centers for Disease Control and Prevention reports that person-to-person transmission ... More>>


Science Media Centre: Flooding could release toxic gas – Expert Reaction

A chemical substance known as ouvea premix stored at an old paper mill in Mataura could release toxic ammonia gas if it comes in contact with water.More>>