NZ businesses return to upbeat outlook on recovering dairy

NZ businesses return to upbeat outlook on recovering dairy
Suze Metherell
By Suze Metherell Oct. 30 (BusinessDesk) - New Zealand firms returned to an upbeat outlook in October, as signs of recovery in dairy prices saw firms more confident about their own profitability and plans to hire and invest more in their businesses. A net 11 percent of businesses were confident about the general outlook for the economy over the coming year, an improvement from last month when a net 19 percent of firms were pessimistic, according to the ANZ Business Outlook survey. A net 24 percent of firms see their own activity expanding...