House prices are set to rise as businesses report less confidence  

With two further cuts expected to the OCR, ANZ is now expecting a 4.5% lift as opposed to 6%. 

Business confidence has also taken a tumble, with just 49% expecting improvements in the year ahead – down 9 points.  

ANZ Chief Economist Sharon Zollner told Mike Hosking the data was taken amid tariffs hitting the markets, impacting business confidence, investment, and employment.  

She says there may be a hint of a knee-jerk reaction that may not last, but only time will tell. 

LISTEN ABOVE 

House prices are set to rise as businesses report less confidence &nbsp;
With two further cuts expected to the OCR, ANZ is now expecting a 4.5% lift as opposed to 6%.&nbsp;
Business confidence has also taken a tumble, with just 49% expecting improvements in the year ahead – down 9 points. &nbsp;
ANZ Chief Economist Sharon Zollner told Mike Hosking the data was taken amid tariffs hitting the markets, impacting business confidence, investment, and employment. &nbsp;
She says there may be a hint of a knee-jerk reaction that may not last, but only time will tell.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Sharon Zollner: ANZ Chief Economist on the house price forecast and business confidence

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/391509dd-5879-4ca7-a742-b2cf016976df/transcript