Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


XE Data Update - NZ Business Confidence Release

The ANZ Business Confidence & Own Activity Outlook data for August have just been released.

The Business Confidence for August fell:

-52.3% vs -44.3% (previous survey)

This is an 11-year low in Business Confidence.

Firms’ Own Activity Outlook for August fell:

-0.5% vs +5.0% (previous survey)

The NZD is a little lower in immediate response.

The NZDUSD is at fresh 4-year lows, while the NZDAUD trades at 16-week lows.

Current indicative levels are:

NZDUSD 0.6315 / 0.6340
NZDAUD 0.9375 / 0.9400
NZDEUR 0.5695 / 0.5720
NZDGBP 0.5165 / 0.5190
NZDJPY 66.90 / 67.15
NZDCAD 84.05 / 84.30


© Scoop Media

Business Headlines | Sci-Tech Headlines


Reserve Bank: RBNZ To Implement $30bn Large Scale Asset Purchase Programme Of NZ Govt Bonds

The Monetary Policy Committee (MPC) has decided to implement a Large Scale Asset Purchase programme (LSAP) of New Zealand government bonds. The negative economic implications of the coronavirus outbreak have continued to intensify. The Committee ... More>>


Elevate NZ: Venture Fund To Lift Productivity

The Government’s new $300 million venture capital fund - announced in last year’s Budget – is now open for business as the Elevate NZ Venture Fund. Finance Minister Grant Robertson says lifting New Zealand's productivity requires well-functioning ... More>>


COVID-19: Case Confirmed In NZ – Expert Reaction

After spreading across the globe for months, the first case of COVID-19 has been reported in New Zealand. The Ministry of Health says the risk of a community outbreak is low, due to their preparedness and the high awareness of the disease. The Science ... More>>


Agriculture: New Legislation To Boost Organics

New organics legislation will boost consumer confidence and help grow an innovative sector, says Food Safety Minister Damien O’Connor. “The Organics Product Bill, introduced to Parliament this week, aims to increase consumer confidence when purchasing ... More>>


Biodiversity Policy: Misinformation Circulating

Forest & Bird is concerned at misinformation circulating regarding a policy statement aimed at protecting New Zealand’s unique biodiversity. The National Policy Statement for Indigenous Biodiversity is being consulted on by the ... More>>