MYOB Business Monitor: Regional & Sector Economic Releases

20 Mar 2013

New Zealand’s largest accounting software provider, MYOB, reveals the results from the latest MYOB Business Monitor survey according to New Zealand’s major regions and sectors.

The Monitor research, a national survey of 1,000+ SMEs commissioned to independent market research firm Colmar Brunton, has run since 2009. It explores business performance, attitudes, plans, and more over time.

Regional Results
REGION BY HIGHEST NET REVENUE 2012 REVENUE UP 2012 REVENUE DOWN 2013 REVENUE EXPECTATIONS UP 2013 REVENUE EXPECTATIONS DOWN
Canterbury 45% 23% 57% 5%
Wellington 33% 23% 31% 9%
Auckland 32% 23% 45% 12%
Waikato 36% 29% 32% 13%
Otago 31% 27% 36% 15%
Bay of Plenty 21% 32% 39% 20%
Manawatu-Wanganui 22% 37% 31% 13%
Northland 23% 40% 39% 12%
Hawke’s Bay 22% 40% 35% 12%
Sector Results
SECTOR 2012 REVENUE UP 2012 REVENUE DOWN 2013 REVENUE EXPECTATIONS UP 2013 REVENUE EXPECTATIONS DOWN
Business, Professional & Property  36% 22% 46% 11%
Finance & Insurance 53% 14% 59% 6%
Construction & Trades 31% 26% 42% 11%
Transport, Postal & Warehousing 26% 25% 27% 16%
Retail & Hospitality 29% 38% 35% 13%
Manufacturing & Wholesale 27% 35% 39% 18%
Primary 21% 38% 32% 10%
Other industry 29% 26% 35% 14%

-ENDS-

For further information or immediate comment, please contact:

Kristy Sheppard

MYOB

Tel: 09 925 3560

Mob: +61 407 450 860

Email: kristy.sheppard@myob.com

Gerard Blank

The Agency Communications Limited

Tel: 03 341 5841

Mob: 0275 243 629

Email: gerard@theagencynz.co.nz

About MYOB New Zealand

Established in 1991, MYOB is New Zealand's largest business management solutions provider. It makes life easier for approx. 1.2 million businesses across New Zealand and Australia, by simplifying accounting, payroll, tax, practice management, CRM, websites, job costing, inventory and more. MYOB provides ongoing support via many client service channels including a network of over 40,000 accountants, bookkeepers and other consultants. It is committed to ongoing innovation, particularly in cloud computing solutions, and now spends more than NZ$35 million annually on research and development. In 2013, MYOB expanded its offerings with the acquisition of accounting solutions provider BankLink. For more information, visit myob.co.nz.