NZ businesses lifted 2007 income by 6.3%

The results of the department's Annual Enterprise Survey showed 14 of 16 industry groups increased their income last year. Salaries and wages rose across all groups, gaining 6.4% to NZ$72 billion, slowing from a 7.7% pace in 2006.

The level of income growth slowed from 6.9% in 2006, according to the government statistician, which compiled data from Inland Revenue, the Treasury, local government and businesses.

Total expenditure rose 4.5% in the latest year to $464.2 billion, with purchases and wages being the biggest contributors.

By Jonathan Underhill

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

GEN - General Capital gives Notice of Annual Meeting 2026
AFT Chair David Flacks to retire before the next ASM
PCT - Precinct NZ $65 million Wholesale Bond Issue
FRW - Chair Announces Appointment of Successor
PCT - Future Director Appointment
FRW - Chair Announces Appointment of Successor
Me Today Market Update
IKE 1Q FY27 Performance Update
BPG - Q1 FY27 Trading Update
AFT R&D Portfolio Offers Multi-$bn Market Potential