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Sharon Zollner: ANZ Chief Economist on business confidence rising by 13 points in June

The tide is starting to turn for business confidence, according to new ANZ data.

The bank’s latest business confidence survey shows confidence increased by 13 points in June to -18, the highest recorded since November 2021.

ANZ Chief Economist Sharon Zollner says the increase in migrants filling up staff shortages and the Reserve Bank potentially easing rate hikes have given the business community hope.

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