Tom O'Neil: CV.co.nz Managing Director on business confidence dropping to its lowest level since Covid
Early Edition with Ryan Bridge - A podcast by Newstalk ZB

A blow for Kiwi business confidence, which has slumped to its lowest level since the post-2020 Covid lockdown lows. The Westpac-McDermott Miller index shows despite the weaker overall result, confidence has only fallen in four of 11 regions. That includes the biggest job market -- Auckland -- which dominated the national average. CV.co.nz Managing Director, Tom O'Neil told Andrew Dickens he reckons it's partially due to looming American tariffs. He believes there's been a massive hangover encapsulating all the difficulties New Zealand's faced since 2020. See omnystudio.com/listener for privacy information.