Business confidence up in March, remains lower post-election

Wed, 28 Mar 2018

By Sophie Boot March 28 (BusinessDesk) - Business confidence increased in March on some measures, but most remain below the levels of six months ago. The ANZ Business Outlook reported a net 20 percent of businesses were pessimistic about the year ahead, versus 19 percent in February. Confidence dropped to an eight-year low in November on political uncertainty when the new Labour government took office. More companies saw their own activity expanding, at net 22 percent compared to 20 percent in February. That measure has a stronger correla...

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