Company directors most pessimistic on the economy in at least nine years

Company directors most pessimistic on the economy in at least nine years
The Ukraine war carrying on into 2023 is just one of the factors that directors must take into account. (Image: Getty)
Greg Hurrell
Company directors are more pessimistic about the New Zealand economy than ever, according to an Institute of Directors survey released today.Directors who responded said finding and retaining the right people were the most pressing issues facing both the country and their companies. They identified changing customer expectations, such as for greater transparency, as the most important future trend for their boards.However, the survey found digital engagement among boards was low.Almost 1,000 directors responded to the survey, which was carried...

More Economy

How to Be Wrong: summer reading for the PM
Economy

How to Be Wrong: summer reading for the PM

Advice on leading for innovation, threats to democracy, gangs, and more.

Pattrick Smellie 28 Nov 2025
RBNZ officials not against more transparency, just cautious
Economy

RBNZ officials not against more transparency, just cautious

The key is that any changes add value, says Assistant Governor Karen Silk.

Rebecca Howard 28 Nov 2025
‘Looking up’: Recovery taking hold as business confidence hits 11-year high
Economy

‘Looking up’: Recovery taking hold as business confidence hits 11-year high

Business confidence jumped another nine points from 58 to 67 in November, the highest level in 11 years, the ANZ Business Outlook survey for November shows.“Things are looking up!” said ANZ chief economist Sharon Zollner.“Out of a hole, admittedly,” she added.When interpreting qu...

Staff reporters 27 Nov 2025
Rodger Finlay new RBNZ chair, Rhiannon McKinnon to board
Economy

Rodger Finlay new RBNZ chair, Rhiannon McKinnon to board

Finlay is expected to deliver increased accountability and transparency.

Rebecca Howard 27 Nov 2025