New data shows that business confidence has picked up for  in the June quarter, but Middle East tensions and higher fuel prices remain a concern.

The latest NZIER survey shows a net 12 percent of business owners are feeling positive - up from just 1 percent in March.

Westpac senior economist Michael Gordon says things are changing day-to-day, and it's unclear where things will end up.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Podden och tillhörande omslagsbild på den här sidan tillhör Newstalk ZB. Innehållet i podden är skapat av Newstalk ZB och inte av, eller tillsammans med, Poddtoppen.