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Alan McDonald: EMA Head of Advocacy on Kiwi businesses raising concerns over the war in Iran

The latest NZIER Quarterly Survey of Business Opinion has revealed business confidence has taken a hit for the March quarter.

Only a net 1 percent of firms expect better general economic conditions over the coming months on a seasonally adjusted basis.

EMA Head of Advocacy Alan McDonald says people were expecting the economy to get better - and this conflict put an economic 'handbrake' on recovery.

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