Business activity indicators still aren't strong -- despite business confidence being the highest since March
Business activity indicators still aren't strong -- despite business confidence being the highest since March
1 October 2020
ANZ's business outlook survey showed a strong bounce back of activity after the initial hit in April.
Across the economy, firms appear to be confident the second outbreak of Covid-19 in the community is well under control.
ANZ Chief Economist Sharon Zollner says there's still a long way to go.
She says there's been enormous fiscal support through the wage subsidy that's about to roll off -- and the loss of tourism won't be felt until summer.
© 2024 Newstalk ZB, NZCity