ANZ business confidence hits 10-year high

ANZ business confidence hits 10-year high
The ANZ business outlook survey spells largely good news.
Jonah Franke-Bowell
One of the country’s largest banks has today signalled that business confidence is rising again, reaching a fresh 10-year high.Figures from the ANZ business outlook survey show business confidence has risen five points to settle at 66 for October. Likewise, the proportion of businesses which see their own prospects faring well as opposed to those of others –   experienced own activity – is at the highest point since March, up eight points to -11.“Business optimism continues to rise, with forward-looking activit...