Bleak winter on the cards for business

Bleak winter on the cards for business
Is this the winter of discontent for businesses? (Image: Getty)
Paul McBeth
New Zealand businesses have largely weathered the covid-19 pandemic, but the rapid pace of inflation and increasingly tight access to credit may soon sort out the viable from the vulnerable.Customer-facing businesses have been at the forefront of those sounding warnings that they need more of a lifeline to get through the omicron outbreak, which has infected more than 200,000 and forced firms to shut their doors as they struggle to find workers to serve the few customers willing to venture out.Business confidence has slumped and firms are strug...

More Economy

Little reason to celebrate GDP data
Economy

Little reason to celebrate GDP data

NZ is no longer technically in a recession but quarter-on-quarter growth was only 0.2%.

Kaya Selby 20 Jun 2024
NZ economy grows a tad in March quarter
Economy

NZ economy grows a tad in March quarter

The GDP lifted 0.2% in March quarter. 

Staff reporters 20 Jun 2024
Current account deficit narrows
Economy

Current account deficit narrows

At 6.8% of GDP, the deficit was larger than the Reserve Bank and Treasury predicted.

Murray Jones 19 Jun 2024
Have we screwed the scrum too far in bank regulation?
Economy

Cameron Bagrie: Have we screwed the scrum too far in bank regulation?

The government's banking inquiry is overdue and welcome. 

Cameron Bagrie 19 Jun 2024