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Canterbury businesses are optimistic about growth, with high hiring and investment plans despite economic challenges.
A Business Canterbury survey shows 64% of local businesses expect economic improvement over the next year, with 55% planning to hire and 59% intending to invest in assets.
Despite concerns over inflation, interest rates, and cash flow, confidence in managing disruptions remains high at 79%.
Canterbury’s economy is growing faster than the national average, with a slight positive GDP while the rest of New Zealand contracts.
The region’s business establishment rate is double the national average.
Business Canterbury urges both central and local governments to support growth through policies that encourage investment, hiring, and innovation, especially ahead of upcoming elections.
Las empresas de Canterbury son optimistas sobre el crecimiento, con altos planes de contratación e inversión a pesar de los retos económicos.