A blow for Kiwi business confidence, which has slumped to its lowest level since the post-2020 Covid lockdown lows.
The Westpac-McDermott Miller index shows despite the weaker overall result, confidence has only fallen in four of 11 regions.
That includes the biggest job market -- Auckland -- which dominated the national average.
CV.co.nz Managing Director, Tom O'Neil told Andrew Dickens he reckons it's partially due to looming American tariffs.
He believes there's been a massive hangover encapsulating all the difficulties New Zealand's faced since 2020.

Sean Fitzpatrick: Former All Black previews the third Greatest Rivalry test against the Springboks
05:53

Rawdon Christie: Real Estate Agent on the state of the property market, Cotality data showing prices fell by 0.4% in August
02:46

Full Show Podcast: 04 September 2026
34:43