Amy Adams has responded to NZIER’s Quarterly Survey of Business Opinion (QSBO) calling Finance Minister Grant Robertson “contemptuous” of anyone who criticises the economy.
New Zealand business confidence hit a seven-year low in June as cost pressures weigh on profitability and the downbeat sentiment is beginning to impact on future planning.
The New Zealand Institute of Economic Research's (NZIER) closely-watched survey of business opinion found confidence about firms' 'own activity' fell to a five year low in the June quarter, suggesting a moderation of economic growth towards two percent from three percent in mid to late 2018.
Phil Twyford has angered Wellington residents by suggesting the new Transmission Gully motorway be tolled, something Labour did not flag before the election. NZIER's business confidence survey due out at 10 am will be closely watched by politicians and economists alike.
Economists have shaved a few basis points off their forecasts for New Zealand economic growth in the next two years even while forecasting stronger wage pressures, according to the NZIER Consensus Forecasts.
Businesses continue to be pessimistic about the New Zealand economy according to NZIER’s latest Quarterly Survey of Business Opinion. Businesses reported that their own activity was faring well, in spite of the gloomy outlook wider economy. Thomas Coughlan reports.
There is plenty of good news for the Government in NZIER’s latest set of quarterly predictions, released this week, although we may have to start working longer before we get a productivity pay rise. Thomas Coughlan reports
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In this morning's email, we look at why Winston Peters will miss his self-imposed deadline of naming a Government today and who is most likely to be chosen to be the Government.
Business confidence fell during the election campaign, but less than for other elections. Bernard Hickey reports uncertainty about the shape and policies of a new Government are affecting business sentiment, but vehicle and retail sales show businesses and consumers have not put away their wallets.