Business Sentiment Survey Highlights Election Outcome Dependence on Policy
What happened
A survey conducted by Forsyth Barr gathered responses from approximately 1,500 businesses regarding the current economic climate. The findings showed that 77% of respondents stated the election outcome was important to their business operations. Regarding government policy, 59% found it supportive, while 14% found it obstructive. The biggest challenge cited by respondents was cost inflation.
From kiwiblog.co.nz
Why it matters
The survey indicated that business sentiment is highly dependent on the election outcome and subsequent government policy. The most favorable outcome cited was a National-led Coalition that includes ACT, while the least favorable outcome was a Labour-led Coalition that includes the Greens.
The business sector has been calling for government policy intervention regarding current economic issues.
From kiwiblog.co.nz
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