Business confidence weaker with construction sector in freefall

Business confidence weaker with construction sector in freefall
Rebecca Howard
By Rebecca Howard July 31 (BusinessDesk) - Business confidence continued to weaken in July with sentiment in the construction sector particularly dour.  A net 44.3 percent of the 363 respondents to the ANZ Business Outlook expect general business conditions will deteriorate during the coming year, compared with 38.1 percent in June. A net 56.5 percent of construction firms expect a deterioration.  Optimism about their own activity dimmed, with a net 5 percent anticipating an improvement for their own businesses, compared to 8 percent a...

More Economy

Fast-track applications have a $448,000 price tag
Economy

Fast-track applications have a $448,000 price tag

Owners of the 149 listed projects can now lodge substantive applications. 

Rebecca Howard 07 Feb 2025
Pros and cons of a corporate tax cut
Economy

Pros and cons of a corporate tax cut

Business groups are keen for a cut; others doubt its impact and feasibility.

Pattrick Smellie 05 Feb 2025
Jobs data keep RBNZ on track to cut by 50bps in Feb
Economy

Jobs data keep RBNZ on track to cut by 50bps in Feb

The RBNZ has already signalled plans to cut by 50bps this month.

Rebecca Howard 05 Feb 2025
Unemployment rate hits 5.1%
Economy

Unemployment rate hits 5.1%

It is the biggest annual employment decline in 15 years.

Staff reporters 05 Feb 2025