Each month, we partner with independent economist Tony Alexander to survey the mood of the national business economy.
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About Tony
For many, Tony needs no introduction. As a regular commentator on the state of the national economy, Tony is regularly appearing in media interviews to help make sense of what is happening in our local and global economy.
Tony left his appointment as Chief Economist with BNZ in 2019 to become an independent economist and has made it his purpose to help Kiwis make better decisions for their businesses, investments, home purchases. With all eyes on the economy this year, we partnered with Tony to help our business community prepare for the challenges the shrinking economy will bring.
Key insights from previous reports:
A net 19% of respondents plan to either cut or not raise their prices in the coming year, reflecting a more positive outlook following the OCR reduction. (September 2024)
Customer retention is at the forefront of business owners' concerns, particularly in price-sensitive sectors. (November, 2023)
Business confidence is up with a 106% increase in businesses expecting better revenue in the next 12 months. (October, 2023)
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