Katherine Rich: Business NZ CEO on the services sector contracting for the 18th consecutive month

15/09/2025 2 min
Katherine Rich: Business NZ CEO on the services sector contracting for the 18th consecutive month

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Episode Synopsis

Our largest sector is continuing to do it tough.  Latest data from BNZ and Business NZ shows our services sector —which makes up almost three quarters of the economy— has contracted for the 18th consecutive month.  Our manufacturing sector is also back in contraction after a period of growth.  Business NZ Chief Executive Katherine Rich told Mike Hosking we're still seeing a tale of two economies.  She says the primary sector is doing quite well, but the services sector is continuing to face challenges.  LISTEN ABOVE  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.

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