A bus passes along Lambton Quay in Wellington, New Zealand, September 24, 2025. REUTERS/Marty Melville

SYDNEY (Reuters) -New Zealand's business confidence jumped in November to its highest level in 11 years, suggesting an economic recovery was underway, an ANZ Bank survey showed on Thursday.

A net 67.1% of respondents expected the economy to improve over the year ahead, versus a 58.1% optimism level in October, while 53.1% expected their own businesses to grow, versus 44.6%.

(Reporting by Renju Jose in Sydney; Editing by Christian Schmollinger)