Latest fromBusiness New Zealand

NZ services sector expands at cracking pace
New Zealand's services sector grew at its fastest recorded pace last month as sales activity rallied, ending a recent horror run of data.

SMEs mingle with govt depts at new expo
Small and medium-sized businesses have flocked to an inaugural expo in Wellington to offer their wares to big Government buyers.

The cost of parenthood
The Government says we can't afford to introduce six months' paid parental leave. Child advocates and some parents claim we can't afford not to. Andrew Laxon reports.

Air NZ withdraws from EMA
The impact of Alasdair Thompson’s controversial comments last week is still being felt with Air New Zealand withdrawing its Employers and Manufacturers Association membership.

Manufacturing climbs to highest level in nearly a year
New Zealand manufacturing rose in May to its highest level in almost a year amid signs record-high prices for the country's commodities are beginning to filter through to the wider economy.

Budget balances books - at a price
The Government has delivered a budget that will bring its books back into surplus by 2014/15 and the price will be paid by the public service, parents, and KiwiSavers.

$42m earmarked for Canterbury trades training
Next week's budget will provide up to $42 million for trades training for Canterbury to meet labour demand.

KiwiSaver cuts 'won't fix economy'
The Prime Minister says cuts to KiwiSaver and Working for Families announced today will save the schemes from being axed in the future, but critics argue they will do nothing to fix the country's wider economic problems.

Kiwisaver kick start will remain
More details of KiwiSaver cuts will be announced in the budget, but John Key says the $1000 kick start for new accounts will remain.