Rural businesses feel the bite of dairy downturn
Rippling economic effects internationally coupled with the fall in dairy prices put pressure on NZ farmers.
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New Zealand’s rural business community has already felt the bite of a “significant slowdown” in the agriculture sector.
The latest figures from MYOB’s business monitor survey suggest just 18% of rurally-based SME operators have seen revenue rise in the past year.
This is compared to 31% of SMEs
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Jason Walls
Thu, 24 Sep 2015
Thu, 24 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Rural businesses feel the bite of dairy downturn
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