Key insights from our March report:

Disappointment in the recovery: Despite early hopes, many businesses feel the economic recovery has been weaker than expected. While some sectors report slight improvements, tight margins and weak customer demand continue to challenge growth.

Cautious spending priorities: Rather than expanding, businesses are doubling down on customer retention, strategy development, and social media. Investment in new markets and equipment remains cautious, with inventory levels still being reduced.

Rising political and global concerns: Uncertainty around New Zealand’s political landscape and the global economy is emerging as a key concern for businesses. This lack of confidence may be holding back investment and delaying stronger recovery momentum.