Briscoe Group's revenue has stayed virtually flat, with profit taking a hit.

Total revenue for the owner of Briscoe Homeware and Rebel Sport decreased 0.06 percent - to $791.5 million - for the year to January.

It's reporting net after-tax profit of $60.6 million, dropping 38.9 percent on the year before.

Managing director, Rod Duke, says the Government needs to put some new solutions forward to help the economy grow.

"That's be my assessment - and I think the time is probably about right now."

LISTEN ABOVE

Briscoe Group's revenue has stayed virtually flat, with profit taking a hit.
Total revenue for the owner of Briscoe Homeware and Rebel Sport decreased 0.06 percent - to $791.5 million - for the year to January.
It's reporting net after-tax profit of $60.6 million, dropping 38.9 percent on the year before.
Managing director, Rod Duke, says the Government needs to put some new solutions forward to help the economy grow.
"That's be my assessment - and I think the time is probably about right now."
LISTEN ABOVE

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

Rod Duke: Briscoe Group managing director on the company's full-year sales data

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8d831634-8fad-403e-ace9-b29e0043d1e4/transcript