Interest rate concerns push business optimism down
Business expectations have slid this quarter, as interest rate worries and ongoing pressure from the strong Australian dollar weighs on local SMBs.
Business expectations have slid this quarter, as interest rate worries and ongoing pressure from the strong Australian dollar weighs on local SMBs.
Businesses have recorded a significant jump in sales and profit expectations for the June 2012 quarter, with sales expectations rising to levels not seen since 2003.
Businesses are feeling confident about trading conditions for the upcoming year, following surprisingly positive expectation results during the September quarter.
Business and sales expectations have again fallen on the back of interest rate rise fears, according to new Dun & Bradstreet figures, which also revealed Australia’s employment outlook has slipped to an index of -5.
Profit and employment expectations have hit a two-year low, according to the latest Dun & Bradstreet Business Expectations Survey, with key indices revealing figures returned to levels seen just prior to the worst of the GFC.
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