Small business revenue back to pre-covid levels in June: Xero

Jenny Ruth
Thu, 30 Jul 2020

Revenue through New Zealand's small businesses in June was back to year-earlier levels although the number of people they employed fell a little from May. Data from small business accounting software provider Xero showed the rebound in revenue in June jumped from May, when revenue was down 17 percent on May 2019, and April, when revenue was down 39 percent year-on-year - adjusted from the previously published figures of 22 percent for May and 41 percent for April. "This revenue recovery shows what's possible when New Zealanders spend loca...
Primary Sector
China trade fears unmatched by good alternatives: report
Pattrick Smellie | Wed, 05 Aug 2020

Fears that New Zealand is overly reliant on trading with China ignore that there are few more attractive markets for many of the country's major exports, says a report by economic consultancy Sens...

Listed Companies
SFO-directed raid complicates Spark claim
Victoria Young | Wed, 05 Aug 2020

An accused co-conspirator has complained a Serious Fraud Office-ordered raid on his home has meant he can't comply with disclosure orders in a case brought by Spark New Zealand.  The telco claims t...

Primary Sector
Farmers to get $122m in fertiliser cheques
Brent Melville | Wed, 05 Aug 2020

Fertiliser heavyweights Ballance Agri-Nutrients and Ravensdown have fought their way through the covid-19 response, kicking back rebates of $54 million and $68 million respectively to farmer-sharehold...

Partner content
Don’t fear the robots. How software can help your business succeed

New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.