Businesses are becoming a little more confident about the future
Businesses are becoming a little more confident about the future
1 October 2024
NZIER's latest Quarterly Survey of Business Opinion shows owners are less pessimistic about economic conditions in coming months.
Just five-percent expect deterioration, compared to 40-percent three months ago.
Almost a third have seen activity decline in the past three months, but only two-percent expect it in the next three.
The Institute of Economic Research says the results could make a case for another Official Cash Rate cut next week.
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