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Economist Insight: September Payment Trends

  • Getting paid

Firms’ continue to pay the bills which shows that the economy is still performing well. Right now, economic growth – and various readings from hard data such as Xero Small Business Insights - continue to track above the more-timely sentiment surveys.

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Economist insight - Cameron Bagrie

  • Economic insight

Xero’s Small Business Insights series represents a big step forward in the availability and potential use of information to add value and provide intelligent customer insights on small business trends.

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International trading - a move to multiple markets?

  • Trading overseas

Since our earliest days, New Zealand has been a trading nation. We do not - and cannot - produce everything that we want to consume and enjoy. International trade plays a key role in our economic growth and is a vital contributor to New Zealand’s well-being.

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The small business impact on the rise and fall of employment rates

  • Hiring people

Small but mighty is the mantra for our small business sector. In 2017, total employment by New Zealand’s small businesses accounted for 30 percent of the working population making them a key driver of job growth.

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Dip in small business hiring numbers not a cause for concern

  • Hiring people

New Zealand’s unemployment levels have reached their lowest in a decade – but the latest Xero Small Business Insights (XSBI) paint a slightly different picture. The crux of the issue is our skills shortage, which continues to make hiring tricky for both small and large businesses.

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Signs of improvement for trade after rocky quarter

  • Trading overseas

The latest Xero Small Business Insights reveal that after a difficult last quarter, overseas trading is starting to show a slow increase, with the total dollar value of imports rising 1.78% and exports 26.42%, from November to December 2018.

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New June data from Xero Small Business Insights paints cautious picture of recovery for small businesses in New Zealand

Our June 2020 Small Business Insights (SBI) show small business revenue in New Zealand has rebounded to 2019 levels while employment figures have dropped slightly after an earlier recovery in May. READ MORE

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Cash flow - the great variable for NZ small businesses

  • Cash flow

Ask any New Zealand small business owner what keeps them up at night and cash flow will likely be in the mix. Cash flow is a critical indicator of how a business is coping and the timely payment of accounts can make or break a small business.

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Economist insight - June Employment

  • Economic insight

Xero’s Small Business Insights shows that employment growth is softening, though it’s from a gallop to a canter.

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Trading overseas - no spring surprises

  • Trading overseas

There won’t be many exporters sad to see the back of September, after New Zealand recorded its largest monthly trade deficit and was the second month in a row to show a significant monthly trade shortfall.

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Economy watch: improving payment times for Kiwi small businesses

Getting paid is critical for any business, but particularly so for small businesses who do not typically have big balance sheets they can lean on. In their case, cash flow really matters.

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Kiwi small businesses continued to steadily rebuild in July

The Xero Small Business Insights (SBI) data for July showed New Zealand small business continued to steadily rebuild in July.