ANZ Bank released its latest business sentiment survey for New Zealand on Friday. The ANZ business confidence index for New Zealand climbed to 6.2% in March from 3.2% in February. The index means that 6.2% of respondents expected the country's economy to improve over the coming year.

"Winter may be coming but it's business as usual across the broader survey; firms continue to get on with it despite low headline confidence," the ANZ Chief Economist Cameron Bagrie said.