Business Update – 25 October 2023

NZ may get away with economic ‘soft landing’, forecasters say

New Zealand appears to be on track for an economic “soft landing” and should avoid another recession, Infometrics says.

A way of ensuring our survival: Kiwi booksellers band together to take on Amazon

In bookshops throughout the country, a small band of booksellers has decided to take on Amazon in their very own David v Goliath fight. BookHub, the new site by New Zealand booksellers, seeks to gain an upper hand on the e-commerce giant.

Axing fair pay agreements, full return of 90-day trials on Business NZ wish list

Business NZ chief executive Kirk Hope has three issues he hopes the new government will take action on.

Spark completes acquisition of Adroit to boost its presence in environmental monitoring solutions

Spark New Zealand announced it has signed a conditional agreement to acquire all of the remaining shares in leading environmental Internet of Things (IoT) provider Adroit, further strengthening its ability to support New Zealand businesses to become more productive and sustainable through technology.

Brighter days coming for farmers

It is no secret that some agricultural sectors are having a tough time right now, but industry leaders are looking ahead and say there are signs of recovery.

KiwiSaver providers tell National: Don’t tinker with scheme, require NZers to save more

KiwiSaver providers are hoping that National will change its mind about making small changes to the scheme – and instead conduct a full-scale review, including requiring members to contribute larger amounts.

National’s election result sees property investor interest spike

Real estate agents say they’re seeing a spike in interest from property investors after last weekend’s election results put National in a position to lead the next government.

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