Economy

Firms folding on investments

Business confidence has slumped with firms negative about their own prospects for the first time in a decade.

The ANZ Business Outlook for August shows a net 52 percent of businesses expect conditions to deteriorate in the year ahead, from 44 percent last month.

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS