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19 Feb 2025 19:03
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  •   Home > News > Business

    Challenges lie ahead for small businesses, as sales slide

    Challenges lie ahead for small businesses, as sales slide


    Latest research from accounting software firm Xero show sales dropped off in the three months to December -- particularly in the manufacturing, construction, agriculture and retail sectors.

    Xero Country Manager Bridget Snelling says weak sales growth is discouraging but not unexpected.

    She says it reflects high interest rates and ongoing cost of living pressures that are putting financial strain on New Zealanders.

    Snelling says the tough economic climate makes it difficult for small businesses.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Injuries have forced the Chiefs to keep All Blacks first five Damian McKenzie at fullback for Friday's Super Rugby tussle with the Crusaders in Hamilton More...


    BUSINESS BUSINESS
    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering More...



     Today's News

    Business:
    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering 18:57

    Entertainment:
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    Law and Order:
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    Entertainment:
    Kieran Culkin was named Best Supporting Actor at the EE BAFTAs 18:24

    Entertainment:
    Guy Pearce says Kevin Spacey 'targeted' him on 1997 film set, prompting a video response 18:17

    Politics:
    The Prime Minister does NOT agree with Te Pati Maori's claims a probe into alleged data misuse was politically and racially motivated 18:07

    International:
    Emma Raducanu in tears early in Dubai loss to Karolína Muchová, man removed from courtside 18:07

    Cricket:
    Black Caps coach Gary Stead has explained the key to fast bowling success on flatter pitches on the subcontinent ahead of tonight's Champions Trophy opener against Pakistan in Karachi 18:07

    Entertainment:
    Jesse Eisenberg didn't write a speech for the EE BAFTA Awards because he "didn't think" he would win 17:54

    Rugby:
    Injuries have forced the Chiefs to keep All Blacks first five Damian McKenzie at fullback for Friday's Super Rugby tussle with the Crusaders in Hamilton 17:27


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