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flag New Zealand sees sharp rise in business closures, hitting construction and hospitality hardest.

flag New Zealand is facing a 26% rise in business closures, with construction and hospitality sectors hit hardest, seeing 46% and 49% increases respectively in company liquidations. flag This has pushed unemployment to 5.2%, affecting 158,000 people. flag Buy NZ Made urges support for local businesses, highlighting the role of consumer choices and monetary policy in aiding recovery.

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