New Zealand Small Business Index

This index shows changes in the overall performance of New Zealand small businesses from month to month.

A line graph showing the ups and downs in the New Zealand Small Business Index since January 2017.

The New Zealand Small Business Index rose 23 points in June 2022.

Latest update and data

The New Zealand Index report

The latest on the state of small businesses in New Zealand.

Download June update (PDF)

This month’s data

Download all the Xero Small Business Index data in Excel format.

Download June data (ZIP file)

Methodology

An explanation of data sources and how the index is constructed.

Learn about the index (PDF)

A line graph showing monthly metrics for wages.

Wages rose 6.8% y/y in June 2022, the largest rise since the series began in January 2017.

A line graph showing monthly metrics for jobs.

Jobs grew 4.4% y/y in June 2022, the third consecutive month that jobs growth has accelerated.

A line graph showing monthly metrics for time to be paid.

The average time small businesses waited to be paid fell by 0.2 days to 23.5 days.

A line graph showing monthly metrics for sales.

Sales grew just 3.3% y/y in June, the slowest growth rate since September 2021.

Contact us about Xero Small Business Insights

If you have any questions about the New Zealand Small Business Index or Xero Small Business Insights, reach out to us.