Dynamic Business Logo
Home Button
Bookmark Button

Business confidence soars

Business confidence has bounced back, according to the latest survey conducted by the Australian Chamber of Commerce and Industry (ACCI) and Westpac.

The index of overall business conditions in the survey rose 3.9 percent to 38.3 in the June quarter, a clear sign that business confidence is slowly returning.

ACCI’s acting chief executive Greg Evans said the figures indicate signs of economic improvement.

According to report figures, the jump in confidence was encouraged by “green shoots” of a global recovery, a resilient Australian economy, improved housing indicators and a reduction in the perceived difficulty of obtaining finance.

People who read this, also liked:

Australia to lead world economic growth
Optimism highest among NT businesses

What do you think?

    Be the first to comment

Add a new comment

Jessica Stanic

Jessica Stanic

Jessica has a background in both marketing and journalism and is dedicated to making the website the leading online resource for small to medium businesses with ambitions to grow.

View all posts