NZ business confidence falls to 2-year low as election jitters weighed in September

Tue, 30 Sep 2014

By Suze Metherell Sept. 30 (BusinessDesk) - New Zealand business confidence declined for a seventh month in September, to the lowest level in more than two years, as election uncertainty added to concerns about slowing economic growth, according to ANZ Bank's latest Business Outlook survey. A net 13.4 percent of respondents were optimistic business conditions would improve in the coming year, down from a net of 24.4 in August, and 58 points below the 20-year confidence high in February. Those picking their own activity to get better edged...

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