Talk Money: October 29, 2015

  • 29/10/2015
(Paul Henry)
(Paul Henry)

Almost 2500 jobs were created in New Zealand's technology sector in the last year.

The TIN100 report surveys New Zealand's 100 largest high tech businesses and the 100 fastest-growing high tech companies.

The firms generated almost $9 billion in revenue, up 7.3 percent from a year ago.

The sector employs 37,000 people, with 2410 of the jobs created in the last year. The bulk of the jobs – 1408 – were created in Auckland. Six-hundred jobs were created in Wellington and 298 in the South Island.

The sector generated $6.5 billion in exports.

Meanwhile, the annual DHL Export Barometer survey has found confidence is increasing among exporters.

Sixty-five percent of the firms surveyed think their orders will increase in the next year.

The New Zealand dollar is a challenge, but exporters hope to overcome that by entering new markets and developing new products. Newer exporters are the most confident.

Watch the video for the full Talk Money segment.

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