Business confidence lifts but still points to recession - ANZ

Business confidence lifts but still points to recession - ANZ
Rebecca Howard
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...

More Economy

Most economists don't expect a hike but concede it's possible
Economy

Most economists don't expect a hike but concede it's possible

ANZ Bank is predicting not one but two more official cash rate increases. 

RBNZ chief economist defends culture of debate amid criticism
Economy

RBNZ chief economist defends culture of debate amid criticism

Conway speaks of a robust debate culture within the RBNZ monetary policy committee.

Dileepa Fonseka 21 Feb 2024
An autopsy of 14 years of ‘fiscal drag’
Economy

An autopsy of 14 years of ‘fiscal drag’

Who stands to gain from National’s proposed tax bracket adjustments?

Gregor Thompson 20 Feb 2024
Health not the only system ailing
Economy

Dileepa Fonseka: Health not the only system ailing

Spiraling issues need more than a Band-Aid. 

Dileepa Fonseka 19 Feb 2024