Cost cutting still the focus in government and business, CFO summit hears

Nicola Willis says there is no new money left for new initiatives. (Image: BusinessDesk)

Wed, 04 Sep 2024

A summit of chief financial officers has heard that cuts across the public and private sectors will likely continue into next year. However, private company CFOs are increasingly considering investment opportunities and showing signs of concern about their ability to staff their finance functions.During a question-and-answer session at the CFO summit in Auckland at the Aotea Centre, Finance Minister Nicola Willis said no new money would be available from the Government for initiatives that businesses might want to suggest.“I think th...

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