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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.

Jenny Ruth
Tue, 15 Mar 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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.

And a quarter of those surveyed

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Jenny Ruth
Tue, 15 Mar 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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MYOB says 21% of small businesses hurt by dairy downturn
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