Business confidence slips to new 10-year low in September

Business confidence slips to new 10-year low in September
Rebecca Howard
By Rebecca Howard Sept. 30 (BusinessDesk) - Business confidence slipped further in September and the central bank will be disappointed its 50 basis point rate cut in August doesn't appear to be having much impact, ANZ Bank said in its monthly business outlook survey. A net 53.5 percent of the 391 respondents expect general business conditions will deteriorate during the coming year, compared with 52.3 percent in August.   Firms' optimism about their own activity also fell, with a net 1.8 percent now expecting things to get worse compar...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025