Press Release – BusinessNZ Indicators during the June quarter show the economy bouncing back, although with constraints building. The BusinessNZ Planning Forecast shows GDP figures holding up well, BusinessNZ Chief Executive Kirk Hope says. The BusinessNZ Economic Conditions …
Indicators during the June quarter show the economy bouncing back, although with constraints building.
The BusinessNZ Planning Forecast shows GDP figures holding up well, BusinessNZ Chief Executive Kirk Hope says.
The BusinessNZ Economic Conditions Index sits at 12 for the June 2021 quarter, up 6 on the previous quarter and up 26 on a year ago. Mr Hope said the latter increase was expected, given Covid’s impact on the economy last year.
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BusinessNZ welcomes the extension of visas, deferral of the three year stand down and border exemptions for the dairy industry. 'It is good to see Government recognising that immigration is critical to our export-led recovery. Skill shortages .
Date Time
Budget a missed opportunity for growth
BusinessNZ acknowledges the social spending contained in Budget 2021 but is disappointed at the lack of focus on growing the economy.
BusinessNZ Chief Executive Kirk Hope says reducing child poverty, supporting Maori and Pasifika and tackling climate change are worthy targets for investment, but the needs of business and the economy should have had more attention.
“Additional investment in infrastructure, and training and digital skills will be appreciated, along with the plan to develop a scheme to help support unemployed people find new jobs,” Mr Hope said.
“However there is little else directly focused on building the economy or easing the burden on businesses.
Friday, 7 May 2021, 1:12 pm
BusinessNZ says significant problems with planned Fair
Pay Agreements have not been addressed, and the plan to
implement them should be terminated.
The Government
today released the details for compulsory, nation-wide pay
agreements to be introduced next year, along with financial
support for the CTU and BusinessNZ to coordinate
them
BusinessNZ Chief Executive Kirk Hope says
employers are not interested in compulsory, nation-wide pay
agreements, irrespective of any funding support
offered.
He said the plan would take away business’
right to a say over wage-setting and would introduce a
dangerous system that would lead to labour disputes and