Property Boom Boosts Confidence

The booming property market has helped to boost investor confidence by seven percentage points in the September quarter, according to the latest ASB Bank investor confidence survey.

Wednesday, November 5th 2003, 12:37AM

by The Landlord

The bank says that it's the biggest jump in overall investor confidence New Zealand has seen since the rebound after the September 11 terrorist attacks. The renewed confidence is also due to a more stable global environment and good returns from key world markets, ASB Bank head of relationship banking and financial services James Mitchell says.

Read More - Opens in a new window
« Building consents plummetNZ economy a cut above »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved