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Buy NZ Made is calling for renewed support for homegrown businesses as new Centrix data reveals liquidations have surged to a 14-year high, even as overall confidence across the economy shows signs of improvement.
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As the global retail engine gears up for another wave of Black Friday spending, Buy NZ Made is urging New Zealanders to choose local alternatives that strengthen communities, protect jobs, and build long-term economic resilience.
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As retailers gear up for another frenzy of imported bargains this Black Friday, Buy NZ Made is encouraging Kiwis to turn their attention homeward - to the products, services, and people that make New Zealand stronger.
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Buy NZ Made welcomes the Government’s announcement introducing a new Economic Benefit to New Zealand test in public procurement - a long-awaited move to ensure taxpayer dollars go back into creating value, jobs, and stronger local supply chains.
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New Zealand businesses and consumers continue to face significant economic challenges in 2025, with data from Centrix revealing a 38% year-on-year increase in company liquidations.
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With the 2024 holiday shopping season set to be one of the most challenging on record, Buy NZ Made is urging Kiwis to support local businesses this Christmas.
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Several data points paint an unfavourable picture for small businesses in the lead up to Christmas this year.
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