Despite signs of a slow and shaky recovery, New Zealand is not in danger of a double-dip recession, with over a third of businesses reporting more work or sales in the pipeline for the next three months, according to the August MYOB Business Monitor.

 

New Zealand business optimism has faded over the past two months as deteriorating global sentiment dented the outlook for the local economy and sapped firms' intentions to take on new staff and make investments.

Nearly 90% of medium-sized businesses are planning for growth in the next year according to the ANZ Business Barometer.

Accounting firm RSM Prince is offering a 'Business Fitness Review' service to help businesses survive the recession.

Business will be a leading driver for climate change as the effects of the Copenhagen Accord begin to impact world economies, finds a KPMG white paper launched in New Zealand today.

New Zealand businesses are still upbeat about the economy over the coming year, and are getting ready to start hiring, with employment intentions at an eight-year high.

Kiwi businesses shouldn't be satisfied with 'the crumbs from Australia's table', with nothing fundamentally stopping the two economies from competing on an even footing and achieving similar outcomes, according to MYOB chief executive Tim Reed.

Around a third of small and medium businesses (SMEs) have reported a revenue decrease over the last 12 months according to the April MYOB Business Monitor.

A new company has appeared in the accounting outsourcing space but they are proving to be rather difficult to find.

Small and medium-sized business owners are changing products and services and, where necessary, working longer hours to combat the effects of the recession, the Centre for SME Research says.

James Wigglesworth, Francois Bondiguel and Jason Leong are not native to Dunedin but they appear to have been inspired by the southern city's Scottish heritage in the creation of their start-up venture, Pocketsmith.

BankLink has been selected as a finalist in the 2009 New Zealand Trade and Enterprise "International Business Awards" which recognise New Zealand's most successful exporting businesses.

Compliance relief could be at hand for small and medium-sized entities in New Zealand if they were allowed to take immediate advantage of a new standard that has just been published by the International Accounting Standards Board (IASB) says accounting and consulting firm Grant Thornton.