2014 – Mood of the Boardroom

Heading into the 2014 election, the choice of New Zealand’s CEOs was clear: 97% were in favour of John Key over David Cunliffe as Prime Minister.

Business confidence was high, with a majority expecting profit, capital expenditure, and staff numbers to all grow over the following year. Interestingly, there was strong support for a capital gains tax (then-Labour policy) as long as it would be used to reduce the rates of other taxes.