MYOB says 21% of small businesses hurt by dairy downturn
It isn't just dairy farmers who are suffering from low milk payouts – about 100,000 small businesses are also being hit, a survey shows. With special audio feature.
More than one in five small to medium businesses are directly feeling the impact of falling dairy prices, according to a survey by accounting software firm MYOB.
That implies about 100,000 businesses employing upward of a million New Zealanders are taking a hit.