Small businesses in Bay of Plenty are tracking the most significant growth in the country as national revenue growth hits its highest level in five years.
The latest MYOB Business Monitor shows 45 per cent of small and medium enterprises in the Bay of Plenty increased their revenue in the 12 months to August - 6 per cent more than the national average.
Growth is expected to continue, with 37 per cent of local businesses forecast to increase their revenue in the next year.
MYOB chief executive Tim Reed said it was heartening to see small businesses in such good shape.
"What's particularly positive is that growth is no longer confined to just the two largest centres, with the rebuild in Christchurch and the expansion of Auckland no more the only drivers of the economy," Mr Reed said. The whole country was enjoying "solid levels" of economic growth.