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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bcba5a28-5f40-471a-ac01-b29e0043d2f2/transcript