Latest data firms up view the economy needs RBNZ support

Green shoots are starting to emerge. (Image: Getty)

Mon, 01 Sep 2025

Business and consumer confidence remain subdued, but some signs of improvement are emerging. Business confidence lifted two points in August to a net 50% expecting better business conditions, while expected own activity fell 2 points to a net 39%, according to ANZ’s latest business outlook survey.“No generalised confidence improvement evident,” ANZ’s chief economist, Sharon Zollner, said. “This month’s survey is consistent with the RBNZ’s [Reserve Bank of New Zealand] updated view that the economy...

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