The waning of economic and political confidence

Consumer confidence is back down to levels last seen during the first covid-19 lockdown. (Image: Getty)

Mon, 11 Apr 2022

Overall confidence in the economy and the direction of the country is lower now than it has been at any time since the very beginning of the pandemic.That's despite New Zealand avoiding the worst of covid seen elsewhere in the world and avoiding dire early economic predictions about high unemployment and falling house prices that didn't happen.The high point for overall economic and political sentiment came at the end of 2020. Covid had twice been eliminated from the community, interest rates were at record lows – and predict...

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