NZ small businesses less upbeat about the future, Westpac survey finds

Tue, 22 May 2018

By Paul McBeth May 22 (BusinessDesk) - New Zealand small businesses are less optimistic about the future as successive years of robust economic growth appear to have peaked, although the big end of town still has grand aspirations, according to a Westpac Banking Corp survey. About 41 percent of small and medium-sized firms feel confident business conditions will improve a little or a lot, compared to 52 percent in 2015, and 31 percent plan to expand in coming years, down from 36 percent three years earlier, the Westpac Grow NZ survey fou...

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