UPDATE: more filings + latest business confidence results published since original post.
The annual and half-year reports emerging in the New Zealand market this week appear to be generally soft—perhaps indicating that the economy remains relatively fragile, and that strong economic growth may still be some way off.
While business confidence is reportedly improving, more strength is needed in the economy. What do you think the trigger to tip the economy from "fragile" to "strong" will be?
Thoughts on corporate governance, strategy and effective board practice; our place in the world; and, other things that catch my attention.