NZ business confidence shows first gain in eight months in post-election bounce

NZ business confidence shows first gain in eight months in post-election bounce
By Tina Morrison Oct. 29 (BusinessDesk) - New Zealand business confidence advanced for the first time in eight months in October, rebounding from a two-year low as certainty returned following last month's general election. The New Zealand dollar rose after the survey was released A net 26.5 percent of firms are optimistic business conditions will improve in the coming year, up from a net 13.4 percent last month and the first increase since confidence hit a 20-year high of 70.8 percent in February, according to ANZ Bank's latest Business...