Each month, we partner with independent economist Tony Alexander to survey the mood of the national business economy.
July 2023 report highlights:
With the election edging closer, a "wait and see" approach is stalling investment and trickling down into multiple sectors.
Concerns over staff/labour availability are down 14% since March, alongside concerns over Immigration NZ's slow reaction to critical shortages.
eCommerce offerings remain the leading area for investment by firms with a net 10% gain
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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.