News in brief

Over the past few weeks a number of reports and news items have been released that readers may not be aware of.  Below are brief summaries of some.

Sustainable Business
This week The Sustainable Business Network (SBN) launched the online Circular Economy Directory

Described as “A first of its kind, the Circular Economy Directory will assist businesses to transition to a circular economy model where products and materials are designed to reduce waste and carbon emissions by keeping existing products in circulation for longer”.

You can access the Circular Economy Directory here and the SBN’s press release here

Hospitality
For those in hospitality Auckland University of Technology (AUT) recently released a report, Voices From the Front Line.

The “research looks at workplace practices in the hospitality industry and gives recommendations to improve working conditions”.

The press release can be found here and a pdf copy of Voices From The Front Line can be downloaded here  

Venture capital
Are you a female entrepreneur looking to raise capital for a start up or expansion of your business? Icehouse Ventures, through ArcAngels Fund is raising $20m through investment to finance woman-led business startups. 

A 2021 University of Auckland study reveals several hurdles facing women founders raising capital in New Zealand, and ArcAngels manager Lauren Fong says ArcAngels Fund II and its wider community of supporters are aiming to address some of these barriers and make funding more accessible to women”.

Read the press release here or learn more about applying for funding from ArcAngels investors here.

Work trends
Microsoft recently released their Work Trends Index 2022 which includes survey data from New Zealand along with input from 30 other countries. Unsurprisingly the survey found that workplaces, and workers, are not the same as they were in the early months of 2020.

Great Expectations: Making Hybrid Work Work identified five trends business leaders need to be aware of and consider : 
Employees have a new “worth it” equation.
Managers feel wedged between leadership and employee expectations.
Leaders need to make the office worth the commute.
Flexible work doesn’t have to mean “always on.”
Rebuilding social capital looks different in a hybrid world.

Read the report here and the press release here 

If you need more information please contact the Prosearch team at the library. We can help you find information across a range of perspectives and resources. All enquiries are treated in confidence.

Two recent reports of interest

Two reports have recently been published that will interest Wellington’s business community.



In February MBIE’s Chief Economist Unit published a working paper entitled 
New Zealand’s areas of (economic) strength : A literature review
The abstract says :  This report presents the findings of a literature review about New Zealand’s areas of economic strength (and critical weakness) compared with other countries. As well as considering ‘traditional’ areas of economic strength using a product/industry lens, this review deliberately takes a broad view of areas of strength. On the former, New Zealand has current and historic strengths in agriculture, some niche manufactures and tourism. On the latter, New Zealand has performed consistently well over time in areas such as fundamental institutions, social capital/trust, health, education and employment. New Zealand’s comparative weaknesses include our persistently poor productivity performance, and some environmental and distributional outcomes. The persistence in many strengths and weaknesses highlights the role of path dependence in New Zealand’s economic
development.

The New Zealand Institute of Economic Research has recently published Zooming into better work-life balance?  Gender and equity insights from New Zealanders’ experiences with working from home in which the authors “… assess the potential implications of the increasing trend towards working from home on wellbeing and career progression, particularly regarding the impact on women. Although most New Zealanders found the working from home experience during the recent lockdowns a positive experience overall, our research commissioned by ASB Bank finds women took on a greater share of childcare and home-schooling duties. We discuss ways to mitigate the impacts on career progression to ensure equity for all workers”.

If you need more information please contact the Prosearch team at the library.  We can help you find information across a range of perspectives and resources.  All enquiries are treated in confidence.