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Consumer confidence skyrockets, sector encouraged by new Govt

Author
Newstalk ZB,
Publish Date
Tue, 19 Dec 2023, 10:22am
Photo / File
Photo / File

Consumer confidence skyrockets, sector encouraged by new Govt

Author
Newstalk ZB,
Publish Date
Tue, 19 Dec 2023, 10:22am

Welcome news for businesses, as new data shows that consumer confidence is on the rise. 

The latest Westpac McDermott Miller Index shows consumer confidence is at its highest level in nearly two years. 

Hospitality NZ CEO Steve Armitage told Tim Dower that it's a good sign ahead of the holidays, and the sector is feeling encouraged by a change in government. 

He says business owners are welcoming the government's move to scrap fair pay agreements. 

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