Published: Wednesday 27 April 2022
Overall April was a positive month for many businesses. The first ever OUTfest Taranaki festival earlier in the month brought in visitors and was a big success.
New Zealand went into the orange traffic light setting the day before Good Friday. Sunny weather over the Easter weekend and plenty of visitors to the province, resulted in booked out motel/hotel accommodation and strong retail sales.
The well-attended Synthony concert at the TSB Bowl of Brooklands last Saturday heralded a return of major events to our region.
But the news was not all good. Last week NZ posted a quarterly inflation rate of 6.9 per cent, the highest in 30 years. Many first home-buyers are finding it increasingly hard to raise a deposit and interest rates continue to rise.
We will also celebrate a new public holiday this year, Matariki, on Friday 24 June. While this will strengthen our connections with Māori tradition and culture, not all businesses are enthusiastic about the timing of the new holiday given runaway inflation, the recent increase to the minimum wage and the impact of Omicron on business confidence.
Just a reminder that nominations for the popular annual WITT Top Shop Awards close this coming Monday. To nominate your favourite business go to www.taranakitopshop.co.nz
And don’t forget the SOS Go Local promotion - support local businesses by buying vouchers through sosbusiness.nz – there are $20,000 worth of prizes to be won!
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