Queensland seems to have weathered the worst of the global financial crisis, with 77 percent of CEOs having positive views on the economy and 60 percent saying they were likely to hire in the next six months, according to the inaugural CEO Financial Index.
The CEO Financial Index, commissioned by The CEO Institute’s Queensland members, tracks expectations for the future of business and the economy.
Sue Forrester, CEO of The CEO Institute (Qld), said major Queensland businesses were emerging from the GFC relatively unscathed and were focusing on the future.
“Their reaction to this favourable view of the economy is to hire staff, with 60 percent saying they are likely to hire,” she said.
“Almost half the business leaders (49 percent) expected an increase in profit,” she added.