3 Nov 2008

Company numbers rise

12:42 pm on 3 November 2008

The number of businesses in New Zealand continues to rise.

In 2008, there are an estimated 471,000 companies running in New Zealand, up by 1.5% on the previous year.

Statistics New Zealand says one in every five businesses will be found in the rental, hiring and real estate sectors.

The Government agency also says 97% of these operations have fewer than 20 employees.