90 at 9: Housing confidence improves; Fonterra payout forecast due
27th May 09, 1:08pm
by
Bernard Hickey details the key news overnight in 90 seconds at 9 am, including ASB's survey of housing confidence showing more people saying now is a good time to buy and fewer people saying house prices will fall. Meanwhile, Fonterra is due to release its forecast payout for the 2009/10 year around 10.30 am, with economists picking a payout of around NZ$5/kg, down slightly from this year's NZ$5.10.
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