18 Dec 2013

Business confidence very high - ANZ

7:28 pm on 18 December 2013

The ANZ Bank's chief economist says business confidence is at an almost 15-year high, despite an elevated dollar and expectations interest rates will rise.

Almost two-thirds of businesses are optimistic about their prospects - the highest reading since February 1999.

Employment intentions for ANZ's December business outlook are the strongest it's seen since September 1994.

ANZ Bank chief economist Cameron Bagrie says the positive results reflect a growing economy.

He says the survey flags a booming economy and across the board it's a very strong survey result.