Increased costs crippling some Rangiora businesses, but others feeling confident
High rents, minimum wage increases and higher operating costs are putting pressure on North Canterbury businesses, but many remain optimistic about their future.
Enterprise North Canterbury (ENC) surveyed 56 businesses and retailers across the region, including 19 from Rangiora, about business confidence, finances, and employment trends.
About 44 per cent of respondents said their profitability had dropped 20 per cent compared to the same time last year, which ENC business support manager Miles Dalton said he was believed was caused by increased operational costs.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
No gift? No stress
Let the Christmas elves at Mags4gifts.co.nz handle your last-minute shopping. For a limited time, gift a subscription with up to 40% off best-sellers like TV Guide, NZ House & Garden, and NZ Gardener. It’s the perfect Christmas present, sorted in minutes (and no one needs to know it was a last-minute surprise)!
Loading…