Interest rate concerns push business optimism down
Business expectations have slid this quarter, as interest rate worries and ongoing pressure from the strong Australian dollar weighs on local SMBs.
Business expectations have slid this quarter, as interest rate worries and ongoing pressure from the strong Australian dollar weighs on local SMBs.
Small businesses, especially those in retail and manufacturing, hold great concern over the impact the high Australian dollar will have on operations during the June quarter.
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.
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.
Businesses are feeling confident about trading conditions for the upcoming year, following surprisingly positive expectation results during the September quarter.
Local business owners are feeling pessimistic about seeing revenue rises during the upcoming Christmas season, as many express doubt the economy will improve any time soon.
Business and sales expectations have again fallen on the back of interest rate rise fears, according to new Dun & Bradstreet figures, which also revealed Australia’s employment outlook has slipped to an index of -5.
While over half of Australia’s small to medium sized business owners expect to see economic recovery in the next twelve months, the level of confidence in the recovery has fallen since November.
The latest Dun and Bradstreet Business Expectations Survey has revealed that the economy will continue to slide into recession, with the worst yet to come. Expectations for the June 09 quarter are less than promising, with 57 percent of businesses anticipating declining sales and 65 percent expecting declining profits. The sliding Aussie dollar has also […]
With increasing interest rates, fluctuating petrol prices, drought, lagging trade payments, and the credit crunch, planning for business challenges is a must for SME survival. Here’s your guide to expected business hardships, together with some expert advice to ease business conditions. Blow after blow has been dealt to SMEs, everything from a strengthening Aussie dollar, […]
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