Confidence wanes as NZ consumers worry about the future

Confidence wanes as NZ consumers worry about the future
Rebecca Howard
By Rebecca Howard Aug. 2 (BusinessDesk) - Consumer confidence took a hit in July as consumers fret about the future. The latest ANZ-Roy Morgan survey of consumer confidence fell 6 points in July to 116.4, the lowest reading so far this year and below the historic average of 120.0. Perceptions of current conditions fell 2 points to 125.8 while the future conditions index fell 9 points to 110.2, the lowest level since September 2015. A net 39 percent think it's a good time to buy a major household item, down one point from the prior s...

More Retail

India denied 'basmati' trademark
Retail

India denied 'basmati' trademark

New Zealand's decision is similar to action previously taken by Australia.

Briscoe Group says tax changes will hit FY net profit by $7.4m
Retail

Briscoe Group says tax changes will hit FY net profit by $7.4m

New legislation affects depreciation on commercial buildings.  

Rebecca Howard 05 Jul 2024
Liquidators investigate sale of three Pizza Hut stores
Retail

Liquidators investigate sale of three Pizza Hut stores

Maloita sold three Wellington Pizza Hut stores prior to its liquidation.

John Anthony 05 Jul 2024
Laybuy receivers considering offers
Retail

Laybuy receivers considering offers

About 10,000 merchants had signed up to the buy-now pay-later service.

John Anthony 05 Jul 2024