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FMA blames economy as confidence in financial markets plunges

Survey reveals one in five believe they have been approached about a scam over the past year.

Consumer confidence in the financial markets is the lowest in more than a decade.

Karyn Scherer Mon, 02 Dec 2024

Consumer confidence in New Zealand’s financial markets has plunged from 68% to 57% over the past year, according to a new survey by the Financial Markets Authority.

FMA head Samantha Barrass has blamed the tough economy for the fall, to its lowest level for more than decade.

Most OECD countries had

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Karyn Scherer Mon, 02 Dec 2024
Contact the Writer: karyn@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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FMA blames economy as confidence in financial markets plunges
Finance,
106985
true