NZ business confidence still upbeat as firms anticipate more activity, bigger profits

NZ business confidence still upbeat as firms anticipate more activity, bigger profits
Paul McBeth
By Paul McBeth April 28 (BusinessDesk) - New Zealand business confidence stayed upbeat in April as firms expect to see more activity on their own books and generate bigger profits.  A net 11 percent of companies surveyed in the ANZ Business Outlook expect general business conditions to improve over the coming year, unchanged from March. A net 38 percent see better times ahead for their own business, down from 39 percent a month earlier, but still above the long-run average of 28 percent, and profit expectations rose 3 points to a net 26 p...