Data released today reveals the economic recession has been deeper and longer than expected.
The survey of around 140 Business Leaders’ Health and Safety Forum organisations shows that despite this longer-term pain, many of those businesses have invested more than planned in capital and their people in the past year.
The survey forms part of the work for the Forum’s annual State of a Thriving Nation report, produced by economist Shamubeel Eaqub, which takes a deeper look at the cost of New Zealand’s health and safety performance – last year putting that at a figure of $4.9 billion for 2024 alone.
The 2025 report will be released in September and this year while also updating those annual economic figures, it will take a deeper look into what businesses are doing to drive better health, safety and productivity performance.
Read more in our media release below.