Tag: Business Confidence

Ongoing economic uncertainty caused business confidence to fall nearly ten points in February, to 108.9, after six consecutive months of rises to January 2012.

Business expectations have slid this quarter, as interest rate worries and ongoing pressure from the strong Australian dollar weighs on local SMBs.

The recovery in economy-wide spending appears to have consolidated as business sales remain positive, according to the latest Commonwealth Bank Business Sales Indicator (BSI).

Despite global financial volatility, local businesses are feeling optimistic as they look towards implementing more efficient cost-cutting measures.

Local businesses remain mostly positive about the state of the economy, despite the fact a sentiment survey registered its first decrease in business confidence in six months.

Poor consumer spending remains a concern for many small and medium businesses, but a new Sensis report has found fewer SMB owners plan to sell or close their business now compared with six months ago.

Businesses have recorded a significant jump in sales and profit expectations for the June 2012 quarter, with sales expectations rising to levels not seen since 2003.

Business confidence improved slightly in December despite challenging economic conditions in the Eurozone, though conditions remained flat across the majority of industries.

Businesses are pessimistic about trading conditions and their performance for the first quarter of 2012, as concerns about the European debt crisis and the slowing Chinese economy pulled down the majority of indicators in the Australian Chamber of Commerce and Industry’s (ACCI) Survey of Investor Confidence.

Local business owners’ dissatisfaction with the Federal Government has reached highs not seen since 2008, as they call for immediate action on five key areas.