NZ firms balanced between pessimism and optimism on outlook: ANZ

Tue, 26 Sep 2017

By Rebecca Howard Sept. 26 (BusinessDesk) - Political uncertainty sparked caution in September with business confidence falling to a net zero reading where there are as many pessimists as optimists and its lowest level in two years. According to the ANZ Business Outlook survey, the September result is down from a net 18.3 percent of firms that expected general business conditions to improve over the coming year in August. In seasonally adjusted terms, business confidence fell to a net 14 percent from a net 29 percent. "Businesses are...

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