
Business confidence falls for first time in months
New Zealand business confidence fell for the first time in seven months, according to the National Bank Business Outlook.
New Zealand business confidence fell for the first time in seven months, according to the National Bank Business Outlook.
Chorus, now officially demerged from Telecom, has just secured a $1.35b bank facility. Photo / Supplied
New Zealand's economy kicked off 2011 with a bang, growing at twice the forecast pace and the fastest since December 2009 as a resurgent manufacturing sector drove the nation's revival in the face of Canterbury's earthquakes.
New Zealand's economy probably grew at the fastest pace in four quarters in the first three months of 2011, say economists.