Business confidence defies usual winter blues

25 August 2016

Media Release: For Immediate release

Business confidence defies usual winter blues

Auckland Chamber’s August Business Confidence Survey has confirmed that the availability, or rather lack of availability, of people with the right skills and the right talent is affecting our ability to make the most of good economic times.

Over 48% of Auckland businesses responding to the survey have confirmed they are having difficulty finding the talent they need.

It is an issue when the regional economy is so strong and talent is so mobile, it seems that New Zealand is an attractive place to be, but there is a mismatch between the skills that are coming here and the skills that business need says Chamber CEO Michael Barnett.

“Unless we get the right skills match, we are not going to get the real dividend for the New Zealand economy that we should expect from good economic times and a growing population,“ says Barnett.

The survey also revealed that confidence that the general business situation in New Zealand will improve, is up over the last 3 quarters. A net 36% of respondents believe the general situation will improve over the next six months, compared to net 23% last quarter and 12% in February.

ENDS

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