Episode Details
Back to Episodes
NZ Small Businesses on Brink: Cash Crunch, Fuel Prices, KiwiSaver Hikes
Published 2 weeks, 4 days ago
Description
Small businesses in New Zealand are facing a cash crunch, with 17% having less than a month of reserves left. Fuel prices and KiwiSaver contributions are causing significant strain. Business and consumer confidence have plummeted, leading to a spike in liquidations and job cuts. Despite the challenges, some businesses like Steel Worx are showing resilience.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/7e1a167e97c0740a