50 businesses closing in Wellington, NZ in 2024; city council considering $1,500 grants for impacted businesses.
Wellington, New Zealand, is facing economic challenges, with around 50 businesses closing in 2024. The city council is considering $1,500 micro grants for those impacted by roadworks, but critics, including Retail NZ's Carolyn Young, argue it's inadequate. Many businesses are adapting by shifting to online sales or relocating. Former Mayor Andy Foster remains hopeful about Wellington's recovery, citing past resilience during economic hardships.
October 01, 2024
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