Business confidence rises again – ANZ

ANZ's Sharon Zollner says business confidence is up. (Image: NZME)

Thu, 31 Aug 2023

Business confidence has risen another nine points in August, although it's still in negative territory at minus four, ANZ said today.The score is the highest since mid-2021, chief economist Sharon Zollner said in a note.“Economywide activity indicators lifted across the board, both forward and backward looking, from activity, to export, investment and employment intentions, to profitability expectations and anticipated ease of credit.”Firms' expectations of their own activity also jumped 10 points, from 0.8 to 11.2...

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