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Speaker 1: A new reporting to our economy focus on small to

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Speaker 1: mediums i e. The smeeth growing positivity. A third saying

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Speaker 1: they've got more work lined up this quarter than usual. Manufacturing, retail,

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Speaker 1: construction all looked good. Chris Small is the ABC Business

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Speaker 1: Sales CEO, and he's baka, well this Chris, morning to you.

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Speaker 1: Well might care you going very well and thank you.

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Speaker 1: How would you describe the vibe generally?

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Speaker 2: Oh, look, I'd describe it really really positive, especially in

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Speaker 2: comparison to the previous two years we've had. We've we've

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Speaker 2: had numerous high volumes of business owners coming to see

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Speaker 2: us who we saw this time last year and said, look,

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Speaker 2: I'm not gonna I'm not going to take my business

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Speaker 2: to mark. My earnings are down, and they're now saying,

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Speaker 2: I've I've had a pretty strong last two quarters in

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Speaker 2: its talk. And then even just I was driving down

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Speaker 2: Ponsonby Road about seven o'clock this Tuesday, it was papped.

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Speaker 2: Every restaurant and bar was busy that time. At this

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Speaker 2: time last year, it was certainly not the same same

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Speaker 2: sort of vibe out there. So no, we agree with

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Speaker 2: all the surveys that have come out. I mean, on

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Speaker 2: top of a zero survey. There's also forceight Bar had

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Speaker 2: a c IF They came out yesterday sixteen hundred businesses

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Speaker 2: and one of the questions was would you invest more

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Speaker 2: or the same as last year? And eighty five percent

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Speaker 2: said they're going to invest more, all the same as

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Speaker 2: that had last year. So all in ASB I heard

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Speaker 2: your commentary on ASP, that's all positive. Four percent increase

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Speaker 2: in business lending. So everything we're reading and hearing is

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Speaker 2: super positive, which is great.

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Speaker 1: That's good. As regard sales, how does that work? So yes,

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Speaker 1: you're any more things looking good? Do you sell or

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Speaker 1: do you go? Hang on? I'll hold on for some

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Speaker 1: good times.

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Speaker 2: That's a great question that they tell us. In the

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Speaker 2: bad times, they want to sell, but they're not ready

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Speaker 2: to sell, so they're not going to maximize the day.

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Speaker 2: And then as soon as they start making money, they oh,

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Speaker 2: this is this is easy again, so we'll hold on.

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Speaker 2: But a number of these people are our baby boomers,

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Speaker 2: and some of them are nearly seventies and they are

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Speaker 2: ready to go, So they definitely will be heading the

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Speaker 2: go there and they've just been patiently waiting, like good

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Speaker 2: keywis do to try and maximize day. You know, homeowners

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Speaker 2: don't want to sell at the bottom of the cycle,

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Speaker 2: and business owners are exactly the same.

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Speaker 1: Now, what about the high hiring aspect? When do the

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Speaker 1: good times If you're seeing good times now, when do

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Speaker 1: they do you think lead to more hiring, because there's

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Speaker 1: one thing to make more, but you've got to eventually

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Speaker 1: be expanding enough to employ people.

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Speaker 2: Yeah, that's a great question, and unfortunately we've got this

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Speaker 2: h AI sort of over the top of everything we're

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Speaker 2: doing at the moment, even in my business where we're

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Speaker 2: looking at implementing an AI type solution, which lots of

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Speaker 2: other businesses are, especially in the sort of white collar sector.

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Speaker 2: So we may see businesses make more money, be more profitable,

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Speaker 2: but that may not necessarily translate to more jobs being

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Speaker 2: created because of a pretty big change that's going to

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Speaker 2: affect especially the white collar service type job. So yeah,

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Speaker 2: I think in the blue collar and labor market, yep,

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Speaker 2: we'll see we see an uptick as the infrastructure projects

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Speaker 2: kick off because robots can't quite dig holes just yet.

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Speaker 2: But certainly within the white colices we may actually see

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Speaker 2: higher profitability but declining jobs.

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Speaker 1: Great inside is always Chris, good to have you on

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Speaker 1: the program. Chris Small ABC Business sales CEO speaking which

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Speaker 1: Arrol Mike Kelly Ekhold has come to the party. If

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Speaker 1: you missed these numbers this morning estimated GDP for the

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Speaker 1: last year one point eight. I can't see it. We

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Speaker 1: haven't got Q four yet from last year. But when

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Speaker 1: we do, which can't be far away, I can't see

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Speaker 1: it being much less than what it was in Q three,

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Speaker 1: which was over one. It would be one or thereabouts anyway,

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Speaker 1: he thinks one point out for the year. He's picking

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Speaker 1: three point three this year in election year if you

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Speaker 1: can see and feel that the government are home free.

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Speaker 1: And then he's got two point seven for twenty seven

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Speaker 1: and that, by the way, is a significant upgrade. He

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Speaker 1: sees what Chris sees, what most of us are starting

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Speaker 1: to see. For more from the Mic Asking Breakfast, listen

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Speaker 1: live to news talks it'd be from six am weekdays,

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Speaker 1: or follow the podcast on iHeartRadio.