FX.co ★ New Zealand Business Confidence Turns Positive in Q2, NZIER Survey Shows

New Zealand business sentiment has swung back into positive territory in the second quarter of 2026, according to the latest NZIER Business Confidence survey. The headline indicator rose to 8% in Q2 from -4% in the first quarter of 2026, marking a notable turnaround in outlook.

The move from negative to positive territory suggests that more firms now expect general business conditions to improve rather than deteriorate in the months ahead. While the survey does not detail the drivers behind the shift, the result indicates a broad-based uplift in confidence across the corporate sector compared with the start of the year.

The updated figures, released on 13 July 2026, will be closely watched by investors and policymakers as a potential sign of strengthening economic momentum in New Zealand, following a more cautious mood earlier in 2026.