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Business and finance in New Zealand, with an emphasis on investment opportunities and movements in the kiwi dollar.
Recent Posts Tagged With 'jobs'
CEO makes big 'sacrifice'
There was a time, not so long ago, when a CEO's "performance bonus" rewarded him or her for expanding the business. These days, one suspects such bonuses are for the individual's ruthlessness in both getting rid of "surplus" workers and inducing thos...
How saving money can end up costing more
This cartoon is from the Manawatu Standard of July 22, 2009. (Click on the cartoon to enlarge it.)...
Reflections on the 'Jobs Summit'
I'm surprised that anyone still remembers the "Jobs Summit" of February 27, 2009. I had to go to the New Zealand Herald to refresh my memory. Here is part of what I found:"A nine-day working fortnight, an investment fund worth hundreds of millions of...
While employment sinks...
One of the ironies of New Zealand's recent "jobs summit", which was supposed to lead to the creation/retention of jobs, was the speed with which it was followed by further job cuts.(The above cartoon is from yesterday's edition of the Manawatu Standa...
NZ workers who quit not being replaced
Half the employers questioned in a survey of businesses north of Taupo, in the center of the North Island of New Zealand, say they will not be replacing staff when they leave.At the same time, the inaugural online survey of employment plans conducte...
Pessimism grows over employment prospects
The Westpac McDermott Miller employment confidence index fell eight points to 120.8 in the June quarter, reflecting the increasing realization among employees that the economic downturn will result in further job losses.A number above 100 indicates t...
95,000 jobs will go, says Berl
New Zealand's inflation targeting policy will cost 95,000 jobs during the next three years, independent economic researcher Berl said today. (The Reserve Bank of New Zealand has a "target band" of 1-3-percent for inflation.)Acknowledging the figure w...
New Zealand closing down?
Today's news that "hundreds more South Island jobs in the meat and seafood industries are hanging in the balance" (The Dominion Post) coincides with the news that "the net outflow of New Zealanders going to Australia on a permanent or long-term (PLT)...
