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

 

Kiwi Workers Reluctant To Make Business Trips Across The Ditch Despite Trans-Tasman Bubble Opening

When the trans-Tasman travel bubble opens today, many Kiwi companies won't be rushing to buy an air ticket, reluctant to cross the ditch to do business.

The latest survey conducted by leading recruitment agency, Frog Recruitment of nearly 1,000 New Zealand businesses, found the majority (82.6%) of those polled are not considering a business trip to Australia any time soon and only 8.2% of respondents are planning a work jaunt across the Tasman.

Frog Recruitment has offices in Auckland, Wellington and five Australian states. Managing director Shannon Barlow says there’s a high level of hesitancy in the business community about overseas travel.

“Our clients and candidates are adopting a ‘wait and see’ position. No-one wants to get stuck in Australia if the borders suddenly close – that would be disastrous for many people.”

The poll’s results also revealed that Kiwis are not clamouring to move to Australia for work, with 87.8% of those polled saying they wouldn’t consider a move across the ditch in the next 12 months to take up a new role.

“Historically Australia has been accused of leading the ‘brain drain’ of skilled workers from New Zealand. New Zealand has earned a global reputation for its handling of COVID-19 and the poll results reflect a majority of people are happy to remain living and working in this country. The balance might have been redressed and it will be interesting to see if the pandemic fallout has impacted the number of people migrating to Australia.”

For employers, attracting current and future employees from Australia is on the agenda, with more than 30% saying they are actively promoting roles to our trans-Tasman neighbours.

“Business confidence is strong - 78% of New Zealand employers we talked to in March and April expect steady or rapid growth this year,” says Shannon. “In this optimistic landscape there will be more employment opportunities opening up in 2021 - and we may well see these trends change as people move between countries again,” said Barlow.

“The business travel bubble may have burst right now, but that could change and we’ll see it fizzing again in the coming 12 months.”

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

QV: Tax Changes Yet To Dampen Red-Hot Housing Market

Just over a month has passed since the Government announced measures aimed at dampening the rampant growth of the property market, and yet the latest QV House Price Index data shows the market hit a new high in April. The average value increased 8.9% nationally ... More>>

Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>