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14 Aug 2022 6:42
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      Home > News > Business

    A clear signal for the Reserve Bank out of the latest survey on business confidence

    A clear signal for the Reserve Bank out of the latest survey on business confidence


    NZIER's latest Quarterly Survey of Business Opinion shows a net 62 percent of businesses expect a deterioration in economic conditions ahead.

    It's the weakest level since March 2020.

    Principal Economist Christina Leung says we're seeing uncertainty around the impact of high interest rates, as well as an intensification of inflation pressures.

    She says nothing in today's report should dissuade the Reserve Bank from its projected aggressive path of monetary policy tightening.

    © 2022 Newstalk ZB, NZCity

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    The established midfielders in the Wellington Lions squad are happy to have a youngster providing competition for their starting spots More...

    BUSINESS BUSINESS
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     Today's News

    		 Christchurch:
    Police are seeking sightings of a white van involved in a hit and run in Christchurch 4:48

     International:
    Taiwan's foreign ministry thanks the United States for taking 'concrete actions' in the Taiwan Strait 4:28

     Auckland:
    One end of a street in Auckland's Point Chevalier has been submerged as water burst from the ground 21:49

     Politics:
    Schools across New Zealand are struggling to fill teacher positions in nearly every subject 18:59

     Rugby:
    The established midfielders in the Wellington Lions squad are happy to have a youngster providing competition for their starting spots 18:39

     Law and Order:
    Salman Rushdie, the Booker Prize-winning author and fierce critic of religion with a bounty on his head 18:09

     Rugby:
    The Springboks are relishing the chance to unleash their World Cup winning loose forward trio to dish out further torment for the All Blacks 18:09

     Accident and Emergency:
    The pilot and passenger of a light aircraft have survived a plane crash in the Nelson Lakes region 17:39

     Politics:
    A new partnership has been agreed between by iwi and four maori health providers 17:29

     Rugby:
    Belief from the Springboks camp that Richie Mo'unga's inclusion at first five bolsters the All Blacks for tomorrow morning's second test 16:19

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