Businesses start to crawl out of their despondency

Businesses start to crawl out of their despondency
Jenny Ruth
Businesses haven't exactly snapped out of their gloom but are feeling better than they've been all year with farmers and retailers leading the charge, according to ANZ Bank's latest survey. It found a net 26 percent of businesses still expect business conditions to deteriorate in the next 12 months but that's a good deal better than October's reading of a net 42 percent and September's 54 percent. "While still not a great level, this is the highest read in 2019," says ANZ New Zealand chief economist Sharon Zollner. And a net 13 percent...

More Economy

Business gloom offers inflation hope
Economy

Business gloom offers inflation hope

The New Zealand Institute of Economic Research’s (NZIER) Quarterly Survey of Business Opinion shows a continued deterioration in business confidence in the second quarter.A net 35% of firms expected a deterioration in the general economic outlook over the coming months on a seaso...

Staff reporters 02 Jul 2024
Independent costings needed for tough political decisions
Economy

Independent costings needed for tough political decisions

The time is now for an Independent Fiscal Institution.

Cameron Bagrie 01 Jul 2024
Brave-faced craft chocolate industry finds strength in unity
Retail

Brave-faced craft chocolate industry finds strength in unity

More than 30 boutique chocolate companies raised the bar at Chocstock.

Gregor Thompson 01 Jul 2024