News | Business
15 Aug 2022 12:01
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     15 Aug: Restaurants say the commission charged for food delivery can make it impossible to turn a profit
     15 Aug: New Zealand's avocado growers are remaining upbeat, despite predictions the industry could take a hit
     15 Aug: Uber generated 1.2-billion dollars in economic value for New Zealand last year
     15 Aug: NZ Rugby boss defends lack of certainty about All Blacks coach's future
     14 Aug: A warning to Kiwi investors about the dangers of misleading cryptocurrency offers
     14 Aug: Despite ongoing lockdowns, China's demand for beef is expect to stay strong for the rest of the year
     13 Aug: A milestone birthday for our Interislander ferry service
     Top Stories

    RUGBY RUGBY
    All Blacks coach Ian Foster expects to get endorsed to lead the team through to the next World Cup More...


    BUSINESS BUSINESS
    Restaurants say the commission charged for food delivery can make it impossible to turn a profit More...



     Today's News

    International:
    Freya the boat-climbing walrus euthanased by Norwegian authorities 11:49

    Rugby:
    All Blacks coach Ian Foster expects to get endorsed to lead the team through to the next World Cup 11:49

    Entertainment:
    Anne Heche has died days after being involved in a fiery car crash 11:42

    Living & Travel:
    Live updates: Sydney Airport hit with delays, fears of threat to FBI after Trump raid, and a Cameron Smith penalty 11:19

    Entertainment:
    Michelle Branch has been charged with domestic violence against her husband Patrick Carney less than a day after she announced they were splitting following three years of marriage 11:12

    Environment:
    The north west of the South Island is back in the firing line, with more wild weather on the way 11:09

    Law and Order:
    A man has been arrested, after entering an Auckland gym wielding a knife, forcing gym-goers to flee for their lives 10:49

    Entertainment:
    Katie Price claims she is still with fiancé Carl Woods 10:42

    Motoring:
    Motorists are urged to take care on the roads this week, as the top of upper South Island braces for more rough weather 10:29

    Law and Order:
    Renewed concerns about safety in the Wellington region 10:19


     News Search






    Power Search


    © 2022 New Zealand City Ltd