More people are starting businesses, despite tough economic conditions. 

Data shows there's been more than 62 thousand companies incorporated in the year to July, the highest number since 2021. 

That's despite latest Companies Office data finds liquidations have surged – rising more than 70% in the past three years. 

First Retail Group Managing Director Chris Wilkinson told Mike Hosking the current gig economy is reducing a lot of barriers. 

He says inflation is bringing the GST threshold closer and people want to regain control in life. 

LISTEN ABOVE  

More people are starting businesses, despite tough economic conditions.&nbsp;
Data shows there's been more than 62 thousand companies incorporated in the year to July, the highest number since 2021.&nbsp;
That's despite latest Companies Office data finds liquidations have surged – rising more than 70% in the past three years.&nbsp;
First Retail Group Managing Director Chris Wilkinson told Mike Hosking the current gig economy is reducing a lot of barriers.&nbsp;
He says inflation is bringing the GST threshold closer and people want to regain control in life.&nbsp;
LISTEN ABOVE &nbsp;

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Chris Wilkinson: First Retail Group Managing Director on 62 thousand companies being incorporated in the year to July

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f6fe3de8-fc61-4fdc-88bc-b4a301549231/transcript