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Charlie Nicholls: The purchasing power of our pay packets don't go as far as before

Author
Newstalk ZB,
Publish Date
Thu, 26 May 2022, 6:37PM
 Photo / Getty Images
Photo / Getty Images

Charlie Nicholls: The purchasing power of our pay packets don't go as far as before

Author
Newstalk ZB,
Publish Date
Thu, 26 May 2022, 6:37PM

Inflation is on everyone's mind. Including small business owners. 

Wages are starting to grow at a faster rate now according to the Xero Small Business Index...  

Wages were up 4.8 percent year on year in April and jobs grew 3%. 

And of course, there has to be a but... Sales are down overall, proving people have started to tighten their purse strings.  

Charlie Nicholls, Xero's director of business growth, joined Heather du Plessis-Allan. 

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