Business confidence plunges in lead-up to the electionMurray Wilson/ Fairfax NZ. It was the third month in a row that general confidence dropped, and marked the weakest score in the survey since September 2015. MARION VAN DIJK/STUFF ANZ' chief economist Cameron Bagrie said business were still confident about own activity, but confidence about the general outlook plunged. "Change (that was not sold or communicated well) was a key factor driving business confidence into a funk in 2000, and the economy stalled." On a seasonally adjusted basis, net confidence fell from a net 29 per cent to a net 14 per cent positive.

Source: Stuff September 26, 2017 00:23 UTC