Confidence returns in 2020
The latest Business Expectations survey shows a confident attitude from the business sector moving into 2020, sparking hopes the new year will be a stronger one for the economy.
The expectations index soared to an all-time high, while actuals recovered from a rocky previous quarter, lifted by noteworthy turnarounds in the retail and construction sectors.
“After several months of doom and gloom, key sectors of the economy are recovering, sparking a more optimistic tone going into the new year. While this is good news, the uncertain global climate, and the impact of the bushfires, could cut the upswing short in the coming months” – Simon Bligh illion CEO
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