NZ directors a little less pessimistic on the economy than last year

NZ directors drop focus on AI and tech over short term pressures. (Image: Getty)

Fri, 24 Nov 2023

Most New Zealand directors surveyed believe economic conditions will deteriorate in the next 12 months, but that’s an improvement from last year. The Institute of Directors (IoD) annual survey of director sentiment, released on Nov 24, was produced with ASB Bank. IoD CEO Kirsten Patterson said the survey was a snapshot at a time when directors were facing an increasing list of issues to deal with. Of the 1,112 IoD members who responded, 55.8% expected the economy to deteriorate, and 28.3% expected an improvement. Last...

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