Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.
Business confidence rises as interest rates fall
Business confidence in New Zealand is on the rise as interest rates fall, according to the latest ANZ Business Outlook survey. The survey reveals an increase in sentiment across various sectors, with more businesses expecting improved economic conditions.
Sustainability In Focus As We Work Towards A Better-connected Aotearoa
The article discusses the importance of sustainability in New Zealand’s telecommunications sector, highlighting efforts to reduce carbon emissions and promote eco-friendly practices. It emphasizes the need for collaboration between industry players to achieve a more connected and sustainable Aotearoa.
Industrial allocations could mean the end for greenhouse growing
Some greenhouse growers in New Zealand are facing the risk of shutting down due to unfair industrial allocations of natural gas. Industry representatives are calling for urgent action to address this issue and prevent the potential collapse of the greenhouse growing sector in the country.
Interest rates: How far have they really fallen? And how low could they go?
The article discusses the current state of interest rates in New Zealand, highlighting the significant drop in rates and the potential for further decreases.
Are we at ‘peak bad’ for the economy?
The article discusses the concept of “peak bad” in the economy, where the negative impacts of certain events or trends reach a peak before improving. It explores how various factors such as inflation, supply chain disruptions, and changing consumer behavior may contribute to this phenomenon and its potential implications for the economy.
‘Plague of our times’: Banks devoting more to scam fight
Banks in New Zealand are increasing efforts to combat scams, with losses reaching millions. The Banking Ombudsman reports a rise in fraud complaints, urging customers to stay vigilant. Banks are investing more in technology and staff training to prevent financial losses due to scams.
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