ANZ released their latest business survey and it's showcasing a bleaker look at the economy than in previous years. 

The survey states that the expected own activity outlook is at its' lowest level since September 2020 and that employment intentions have dropped down to negative for the first time since October 2020.

There is also a broad weakness across various industries, especially construction and agriculture.

According to Milford Asset Management's Mark Riggall, the outlook for businesses next year has deteriorated sharply with the expected recession.

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ANZ released their latest business survey and it's showcasing a bleaker look at the economy than in previous years. 
The survey states that the expected own activity outlook is at its' lowest level since September 2020 and that employment intentions have dropped down to negative for the first time since October 2020.
There is also a broad weakness across various industries, especially construction and agriculture.
According to Milford Asset Management's Mark Riggall, the outlook for businesses next year has deteriorated sharply with the expected recession.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.