Xero’s latest Small Business Insights Report revealed the rental, hiring, and real estate industries experienced the toughest December and January of any sector. According to the small business p
How New Zealand s small business economy is faring a year after Covid began
4 May, 2021 05:00 PM
4 minutes to read
Steve Vamos, chief executive of Xero. Photo / Supplied
Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw
New Zealand s small business economy has fared better than Australia s and Britain s through the recovery over the past year, according to new data. According to insights from Xero s Small Business Index launched today, small and medium-sized firms continued to recover from the economic impact of the pandemic during March.
The index - which replaces the software company s previous Small Business Insights metrics, rose by 17 points to 122 points, up 16 per cent on February s result. This is up from an all-time low of 18 during the height of disruption last year.