Business clings to optimism despite bleak reality
The latest Business Expectations survey has revealed a deep sense of pessimism from Australian businesses, driven by sharp declines in sentiment from the construction and retail sectors. Although expectations for the December 2019 quarter increased slightly on a quarterly basis, all measurements declined on a year-on-year basis.
Key Insights:
- Construction confidence down
- Selling price indices down on every measure
- Retail hopes down in wake of difficult March quarter
- Election result provides small boost to business
To learn more, complete the form and download the report.
Download Report