NZ’s main centres shine in otherwise gloomy trading for SMEs

Mon, 16 Jul 2012

By Hannah Lynch July 16 (BusinessDesk) - Auckland, Wellington and Christchurch have topped an otherwise gloomy trading outlook for New Zealand's small to medium size enterprises, according to MYOB's July business monitor. On a regional basis, 36 percent of Auckland SMEs expect earnings to increase over the next 12 months, followed by 33 percent in Christchurch and 25 percent in Wellington. In the regions, just 8 percent of SMEs expect revenue growth, down from 25 percent in March. Overall SMEs downgraded their revenue expectations by 6 pe...

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