Is it time to invest in New Zealand?

Business confidence in New Zealand is at rock bottom levels. As contrarian investors know, that's usually a good time to go bargain hunting...

New Zealand businesses haven't been this gloomy in 35 years...

You could even call them despondent. The New Zealand Institute of Economic Research's latest Quarterly Survey of Business Opinion shows 71% of New Zealand businesses expect a downturn in the next 12 months. It's the worst number in 35 years. Other surveys showed similar results, so it looks to be pretty close to true.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.