Upbeat mood lifts business expectations to three-year high

Buoyant economic conditions have lifted business confidence to a three-year high, according to illion’s latest Business Expectations analysis. The Business Expectations Index is up 16.4 percent year-on-year (23.7 points), indicating a strong June quarter ahead for Australian business.

“Our analysis shows companies are experiencing strong sales performance and profits. Yet there remains a sharp contrast between these results and stalling consumer confidence as Australian households struggle with rising debt and stagnant wage growth.”


Simon Bligh, illion CEO

For our media release, please click here
For our full analysis, please click here