Business confidence slides further, but SMBs remain positive on outlook
By Claire Hibbit · 6 June 2012 · Economy
By Claire Hibbit · 6 June 2012 · Economy
Consumer spending is taking a hit, but surprisingly, half of small businesses remain optimistic about their future. What's behind their resilience, and will it be enough to weather the storm?
Despite business confidence continuing to fall as a result of weak consumer spending, half of SMBs remain optimistic about their ability to ride out the tough times, a new report has found.
Tags: Australian business confidence, Australian Economy, Business Confidence, Business Sentiment, consumer spending, Economy, June Sensis Business Index, small business confidence