NZ dollar gains as firms start spring in less gloomy mood

Wed, 26 Sep 2018

By Rebecca Howard Sept. 26 (BusinessDesk) - New Zealand business confidence recovered this month after spending winter in the doldrums. Investment intentions, however, continued to deteriorate despite signs the government's charm offensive may be gaining traction. A net 38.3 percent of 390 firms surveyed in the ANZ business outlook survey for September expect general business conditions to deteriorate in the coming 12 months. That was the least pessimistic firms have been since May, and a sharp rebound from the net 50 percent expecting...

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