NZ business confidence gains as profit, hiring and investment intentions rise

Thu, 29 Nov 2012

Nov. 29 (BusinessDesk) - New Zealand business confidence rose this month as firms became more upbeat about the outlook for profits, hiring and investment. Canterbury was the most upbeat region. A net 26 percent of respondents in the ANZ Bank Business Outlook expect general business conditions to improve in the year ahead, up from 17.2 percent in the previous month’s survey. Those expecting a better 12 months out of their own businesses rose to 32 percent from 25.5 percent. Improved hiring intentions bode well for an economy where the unemplo...

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