Market Update - September 2010

Listening to a presentation by the NZ  Institute of Economic Research – we were encouraged to hear they predict soft, slow growth to occur into mid- 2011, therefore avoiding the ‘double dip’ scenario.

Add to this, we report that the swing in a candidate tight market is very apparent. Advertised roles are drawing a smaller number of applicants and job postings have increased. This means creative attraction elements are once again required to locate high calibre talent – as are well managed engagement programs.

15% GST October 1, 2010

The last hike in GST occurred over 20 years ago in 1989. Some of us were actually recruiting then(!) so recall the spike in additional staff that were required to assist organisations make sure they were prepared and sorted.  In researching the implications of the GST hike 2010 we came across a few natty articles such as one by Gavin Holley, KPMG Business Advisory Director.

Gavin had this to say: “Putting politics and international comparisons aside for a moment, what are the practical implications for businesses of an increase in GST? At first glance, they do not seem to be too onerous. And they need not be, if the change is thought through and planned for ahead of time.”

Click here for questions Holley suggests you ask yourself >