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.
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Poll: Are you starting to feel a lift in business confidence across the Canterbury region?
The Press reports that Canterbury is right in the middle of a construction boom, with activity forecast to peak around 2027 and major investment flowing into transport, water and energy infrastructure.
We want to know: Are you starting to feel a lift in business confidence across the Canterbury region?
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40% Yes
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60% No
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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79.7% Yes! It's better to regift what I don't need
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20.3% No. It's the thought and effort that matters
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