Subscribe today - find out more
Why you should consider BusinessDesk
Coronavirus

Business confidence lifts but still points to recession - ANZ

Rebecca Howard
Tue, 30 Jun 2020

Rebecca Howard
Tue, 30 Jun 2020
Business confidence continues to improve as the economy returns to normal but still points to a recession, the latest ANZ business confidence survey showed. “A vigorous bounce out of lockdown is evident in the numbers, but the levels are consistent with our view that the recession is just starting,” said ANZ chief economist Sharon Zollner. The latest data show a net 34 percent of respondents expect the economy to deteriorate in the coming year versus a net 42 percent who were negative in May. In the preliminary reading for June a net 33 p...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

Listed Companies market close
Pacific Edge up 6%; while index dips
Dan Brunskill | Fri, 24 Sep 2021

The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Markets
Retirement villages operate like 'quasi-Ponzi schemes'
Jenny Ruth | Fri, 24 Sep 2021

Retirement village residents' association claims the rule to get legal advice before signing a contract doesn't protect residents – and is used against them.

Sponsored
Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Sponsored
Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.