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New Zealand businesses believe things are looking up, with optimism at a high.

The 2degrees 2025 Shaping Business Study reveals 45% of surveyed business leaders are more optimistic about the year ahead – up on last year's 34%.

46% of businesses also report they're more productive than last year.

Business Central CEO Simon Arcus told Ryan Bridge things will probably still fluctuate in coming years.

He says there are often moments where things seem to improve, then sink back again.

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