Sharon Zollner: ANZ Chief Economist on construction leading the return of optimism to the business sector - Heather du Plessis-Allan Drive

Optimism is rising among businesses - largely driven by construction. 

ANZ's October business outlook has business confidence up five points on 66, in a 10-year high. 

Meanwhile, the proportion of businesses feeling they're faring well, has climbed to -11 in the highest point since March. 

Chief economist Sharon Zollner says it boils down to interest rates. 

She says fewer construction firms say they're not busy than a year ago - and she explained conditions are tough, but things are starting to look up a little.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.