Business confidence highest since 1994
posted on 1st November 2013
The latest ANZ Business Oulook Survey shows confidence remains buoyant, with a net 53 percent of firms expecting the general business situation to improve in the year ahead. The survey further reinforces the findings of the Franchise Confidence Index which shows franchisors are also expecting better times ahead.
The New Zealand economy was in a sweet spot, Bagrie said.
"While we remain at the mercy of global forces to a degree, local specifics - housing shortages, booming dairy prices, a city rebuild and a turnaround in job prospects encouraging less emigration - are delivering considerable pep."
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