Editorial: Keeping the Govt honest
OPINION: Federated Farmers' latest farmer confidence survey results won’t surprise too many people.
SATISFACTION WITH the Government by Small to Medium Enterprises – SMEs – is on the rise, says New Zealand business solutions provide MYOB.
And businesses related to primary industries are third highest in 'total' satisfaction at 34% - topped by finance and insurance at 48% and business professional and property at 38%. However primary related SMEs with total dissatisfaction was 20%.
Overall the March MYOB Business Monitor shows a marked increase in the level of satisfaction with Government support amongst all SME business operators. A third (33%) are happy with National's backing of the sector and less than a quarter (24%) dissatisfied. This is a significant turnaround from the August 2013 Monitor, when dissatisfaction outweighed satisfaction (24% versus 28%).
MYOB general manager accounting division Adam Ferguson says more local businesses are no doubt feeling comfortable with how well the Government is working for business, given the recent strong performance of the SME economy.
"Small and medium businesses are doing well across the board in this latest MYOB Business Monitor survey, with three in four seeing increased or steady revenue over the past year," he says.
"And just as their performance expectations are positive, they are very confident about how well the broader economy will perform over the coming months. Half of all SME operators expect to see New Zealand's economy improve further within 12 months – the highest level of short-term confidence we have seen in the last five years.
"However, as we have discovered from the policy preferences of this business community, there is still a considerable amount of work to be done in making it easier to do business in New Zealand.
"Further work on reducing complexity in business reporting has to be a focus of any party looking to secure the SME vote this election."
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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