Briscoe’s battens down the hatches

Briscoe managing director Rod Duke doesn't rate the competition. (Image: NZ Herald)

Mon, 23 Jan 2023

It’s feeling very much like “batten-down-the-hatches” time in the business world, although this is very different from what we normally see when we’re heading into a recession.If we were following the same pattern as in previous recessions, we’d be seeing lots of headlines about major staff layoffs and rising unemployment; this time around, just about every firm is complaining about how difficult it is to get and retain staff and the Reserve Bank of New Zealand (RBNZ) is telling us the labour market is unsustainabl...

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