Opinion

Which big bank will back NZ business?

Cameron Bagrie
Tue, 28 Sep 2021

Businesses are struggling under a storm of challenges. (Image: Deposit Photos)

Cameron Bagrie
Tue, 28 Sep 2021

Recently I pointed out the difficulties firms were facing accessing credit. ANZ’s Business Outlook Survey has reported Aug as the most difficult month on record for getting credit, worse than the first lockdown. July was the second-worst month ever recorded.The negative trend in credit conditions and the persistent perception of how difficult it is to get credit is the really disconcerting part in the ANZ survey. It has got more difficult every year since 2016. The Organisation for Economic Development (OECD) came out with its...

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