NZ business confidence extends post-election gains

Fri, 28 Nov 2014

By Suze Metherell Nov. 28 (BusinessDesk) - New Zealand business confidence rose for a second month in November, extending post-election gains from a two-year low as firms took a more rosy outlook about their conditions. A net 31.5 percent of firms are optimistic business conditions will improve in the coming year, up from a net 26.5 percent in October, according to ANZ Bank's latest Business Outlook survey. Firms expecting an improvement in their own activity rose to a net 41.7 percent from 37.8 percent last month. Business confidence...

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