New Zealand is technically out of a recession, but despite this, spending is still down - and businesses are taking a hit. A recent Stats NZ report confirmed electronic card transactions for July, were down $6.3 million on the month prior and that's after an 'especially quiet' June, where the rate of spending dropped below that of the Global Financial Crisis.
However according to chief executive of Business Mentors New Zealand - Sarah Trotman - economic headwinds can bring positive change.
Sarah Trotman Photo: supplied
