Business confidence tanks

Business confidence for the March quarter has fallen across the board, with the Business Expectations Index for the March quarter 2019 down 7.1 per cent annually. The headline index saw significant declines in the sales, profit and investment sub-indices on both a quarterly and annual basis.

Key Insights:

  • Bleak expectations for the March quarter
  • Optimism at lowest point since August 2017
  • Construction sector cash flow concerns jump 44.1%
  • Selling Prices expectations up 38.9% from last year
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