Chris Small: ASB Business Managing Director says NZ businesses are getting back on track
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Chris Small: ASB Business Managing Director says NZ businesses are getting back on track
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About this listen
Business appears to be booming in most parts of the country.
ABC's quarterly market report shows business sales are up 28 percent on this time last year, with average prices up three percent.
It finds 507 completed sales over a 12 month period - a new historical high.
ABS Business Managing Director Chris Small told Mike Hosking that there's a link between sales and the current state of the economy across the country.
He says in line with the economy, the South Island is up 70 percent year on year in business sales, while Wellington is down 10 percent.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.