The big questions
Do you expect to increase or decrease your number of staff in the next twelve months? Increase: 52.14% Are you expecting profit growth in your business in the next twelve months? Yes (increased profit): 74.58% Are you expecting revenue growth in your business in the next twelve months? Yes (increased revenue): 82.20% Are you more or less optimistic than you were one year ago about (scale where 1 = much less optimistic and 5 = much more optimistic) about: The general business situation in your industry 3.41 The New Zealand economy 3.07 The global economy? 2.53 What impact do you feel the following domestic factors have on business confidence in New Zealand and within your industry (scale where 1 = no concern and 10 = extremely concerned)? Congestion in Auckland: 7.40 Adequacy of transport infrastructure: 7.36 Growth pressures in Auckland: 7.13 Housing unaffordability: 7.09 Skills and labour shortages: 6.81 Regulation: 6.72 Labour productivity: 6.29 Adequacy of water infrastructure: 5.35 Competitiveness of personal tax rate: 5.09 Competitiveness of corporate tax rate: 4.78 What impact do you feel the following international issues have on business confidence in New Zealand today (scale where 1 = no concern and 10 = extremely concerned)? Cyber security: 7.64 "Trump" factor - US political instability: 6.47 Protectionism: 6.30 Competition for global talent: 6.22 Chinese economy deterioration: 6.02 Introduction of US trade border taxes: 5.72 Terrorism: 5.49 Potential for nuclear war: 5.47 Supply chain security: 5.41 Currency volatility: 5.08