Latest / The Kākā by Bernard Hickey
Behold, another Quarterly Survey of Business Delusion
Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Wednesday, July 2:
* The NZIER’s QSBO survey published yesterday showed businesses remain stubbornly confident about the wider economy and their own businesses, despite their own ‘experienced activity’ in the June quarter being much, much worse than they had expected just three months ago. See more in The Lead below the paywall fold and in the podcast above.
* That ‘delusion gap’ between expectations for the next quarter and what actually happened in the next quarter’s survey widened to its worst…
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