March 31st, 2010
Business NZ Chief Executive Phil O’Reilly says NZ will be the winner in gaining a Productivity Commission. He notes “productivity growth is fundamental to growing a competitive economy. It is of the utmost importance for growing all NZers’ living standards, but it is so easily derailed. Poorly conceived legislation and unnecessary laws can add costs [...]
March 26th, 2010
What started as a 2001 FTA with Singapore is set to become a powerful “new generation” regional FTA the US has made a top trade priority. The US also wants to expand the Trans Pacific Partnership (TPP) beyond the current eight countries involved in the talks and make it much broader. It has already told [...]
March 26th, 2010
OECD chief Angel Gurria says global economic recovery will be stronger than previously estimated this year, helped by robust growth in China and India. He’s picking global growth of 4 to 4.5%, way ahead of the OECD economy which will grow at around 2 to 2.5%. In November the OECD was picking the global [...]
March 24th, 2010
NZ’s top professional engineers say it’s a pipedream to think the country can have 90% renewable energy by 2025. IPENZ, the Institution of Professional Engineers has released a report on electricity generation and by its calculations, the amount of power generated in NZ from renewable sources - such as hydro, wind and geothermal - will [...]
March 19th, 2010
The 2009 “Managing Reputation” survey, by Senate Communications and Baseline Consultancy shows social media was instrumental in creating reputational damage for NZ organisations in many of the corporate crises over 2009. Neil Green, Managing Partner of Senate Communications, says public reaction expressed and fuelled by social media has helped double CEO awareness of the importance [...]
March 19th, 2010
Manpower’s Employment Outlook Survey shows overall employment optimism across NZ continues to improve. But hiring intentions for the next three months have softened somewhat after notable improvements reported last quarter, with the seasonally adjusted net employment outlook at +14%, up from +13% in the first quarter. This is due to an increase in the proportion [...]
March 17th, 2010
International investors could bypass NZ if problems with the Financial Advisers Act are not sorted out. Colin McKinnon, Executive Director of the NZ Private Equity and Venture Capital Association, is concerned about the requirement to have all financial advisers registered and qualified under definitions for parties giving investment advice under the new Act.
He warns [...]
March 12th, 2010
You would have thought perceptions of business and the financial sector took a hammering during the Global Financial Crisis. But the 2010 Edelman Trust Barometer shows global trust in business is up modestly. However the rebound is fueled by a spike in a handful of Western countries, especially the United States where it jumped 18 [...]
March 12th, 2010
A new survey by accounting firm Grant Thornton show the wage gap with Aust is set to widen, and may herald the start of another brain drain from NZ. The survey found 78% of Aust businesses are set to increase wages either in line with inflation or higher, compared with 55% of NZ companies.
Coupled with [...]
March 10th, 2010
The public library is going through a major revamp. The library of the future is a modern multi purpose building, complete with multi media labs, recording and broadcast studios, conference rooms and in some cases workshops.
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March 5th, 2010
Analysts JP Morgan now think the Reserve Bank is going to hold off its tightening till July, with a 50bp hike. Previously, JP Morgan had expected a 25bp move in April, because the deteriorating medium-term inflation outlook would prompt the RBNZ to tighten policy before official guidance suggested. In December The RBNZ said providing the [...]
March 5th, 2010
Andrew Gawith a director of Gareth Morgan Investments has been looking at the vexing problem of how to improve NZ’s economic position in relation to Aust. Writing in the NZ Herald, he says our thinking has to change if we’re to have a chance of meeting such a difficult goal. “The problem seems to be [...]
March 3rd, 2010
Businesses now have the ability to reach potential customers anytime, anywhere, and to target only the most promising prospects. This is changing how buyers and sellers interact. A crucial new part of this is data mining. This lets marketers collect and analyse billions of bits of information to understand the needs of consumers and appeal [...]
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