Michael Gordon: Westpac senior economist on business confidence picking up for the June quarter

Best of Business · Jul 14, 2026 · 3m · transcript

New data shows that business confidence has picked up for in the June quarter, but Middle East tensions and higher fuel prices remain a concern.

The latest NZIER survey shows a net 12 percent of business owners are feeling positive - up from just 1 percent in March.

Westpac senior economist Michael Gordon says things are changing day-to-day, and it's unclear where things will end up.

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