Many business leaders are giving the economy and coalition Government a positive report card heading into election year, but most see room for improvement.
Curia polling of 200 leaders, commissioned by technology firm Datacom, has found 43% believe the Government has been doing a good job supporting local businesses.
Respondents are becoming more optimistic, with 65% expecting economic conditions to improve over the next 12 months, and 35% identifying growth as their top priority this year.
The survey鈥檚 found 71% of surveyed leaders believe the Government needs more time to deliver on its promises and 58% would like to see the Government focus more on modernising the way it delivers services.
The 鈥渂rain drain鈥 remains a big concern with 43% of respondents saying they鈥檙e worried about the recent surge of skilled workers moving to Australia and elsewhere offshore.
Datacom New Zealand managing director Peter Nelson said the results signal a 鈥渃hange in gear鈥 and 鈥渁 move to a growth mindset鈥 compared to results from the same survey in previous years.
鈥淧eople will naturally be a little cautious after some good signs early on in 2025 that didn鈥檛 translate into the growth we were expecting. I understand a bit of nervousness but at least people are being positive.鈥
The increased positivity is also evident in NZIER鈥檚 latest Quarterly Survey of Business Opinion, which found business confidence had reached a nearly 14-year high.
NZIER deputy chief executive Christina Leung said while manufacturing was the most optimistic sector, the survey found confidence was improving across every sector and region, pointing to a broad--based recovery.
鈥淲ith lower interest rates supporting stronger demand, firms are finally starting to see this come through when it comes through to activity in their own business, and that鈥檚 supporting the expectation that things will continue to improve over the coming year.鈥
Leeann Watson, the chief executive of the Business Canterbury chamber of commerce, said businesses will be hoping for more certainty through the election year, including a good pipeline of infrastructure projects and strong consumer confidence.
She said she鈥檇 received good signals from the political parties Business Canterbury had been speaking to, including the potential for bipartisan agreements.
鈥淲e certainly don鈥檛 want to see that pendulum swing if we do happen to see a change of government. We don鈥檛 want a pendulum swing to take us back three years.
鈥淲e want to make sure that we continue to invest ahead of demand so that we can keep up with that growth, make sure that we鈥檝e got the right infrastructure to support that growth, and make sure that regulations keep up with innovation.鈥
Viv Beck, the chief executive of Auckland鈥檚 Heart of the City business association, said she hoped this year鈥檚 opening of the City Rail Link and International Convention Centre would mark the start of a 鈥渘ew era鈥 after what had been a 鈥渓ong hard haul鈥 for many businesses.
鈥淭he big thing we want to see here is growth. Coming to the end of the mass of construction in the mid-town area is positive and to see the economy growing again will be so good to bring some optimism back.
鈥淲e think the long-term prognosis here is very positive once we get more people living here, the infrastructure in place, the transport options improved, and improved accessibility.
Mark Knoff-Thomas, the chief executive of Newmarket Business Association, said confidence had been continuously building in the past few months and foot traffic had been increasing in the latter part of last year.
鈥淗ospitality and retail are setting themselves up very well. I think we can all look forward to positive growth and a bit more happiness in the country in the year ahead.鈥
Michael Sergel is 九一星空无限talk ZB鈥檚 business reporter, covering the daily life of business and the business of daily life. He鈥檚 been covering business, politics, local government and consumer affairs for over a decade.
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