Tag: Business survey
Business conditions remain encouragingly robust, maintaining the solid gains obtained over the past year despite less than impressive levels of business confidence. > Read MoreBased on incoming information, we have modestly reviewed our GDP forecasts to 2.6% in 2015/16 and 3.0% in 2016/17 (annual average). Overall, NAB Economics remain of the view that the recovery in the non-mining sector is slowly becoming more well entrenched. > Read MoreBusiness conditions among Australia’s ASX 300 firms rose to a new survey high of +20 points (up +12 from +8 points in the previous quarter). The gap between very big and small business is now at its widest margin since this survey began. > Read MoreThe NAB Quarterly Business Survey provides a rich source of information about Australian business, their behaviours and the environment in which they operate. In addition to questions around sales, profitability, employment and the like, one focus of the Survey revolves around currency markets. > Read MoreIn the quarter, SME business conditions stayed unchanged at +4 index points. Within the components of business conditions, trading conditions were particularly strong, which flowed into modestly better profitability conditions. However, employment conditions remained subdued. > Read MoreLeading indicators were generally more positive in Q3 2015. Forward orders jumped to their highest level since late 2009, while expectations for conditions in 3 and 12 months time both improved. > Read MoreThere was a partial recovery in business confidence in September as the Government’s leadership uncertainties were resolved, while financial market volatility and emerging market concerns have moderated from the heights of the previous month – although market concerns remain elevated. > Read MoreBusiness conditions point to a further improvement in the non-mining economy, even as jitters in financial markets weigh on confidence. The conditions index jumped 5 points to +11 in August lifting the trend index to its highest level since late 2009. > Read MoreBusiness confidence rose sharply for ASX 300 firms in the June quarter (back to levels seen elsewhere in the economy) although conditions were broadly unchanged. > Read MoreThe business confidence index remains positive, both trading conditions and profitability remain relatively elevated and the trend has held up around average levels. Our GDP forecasts are marginally stronger than last month, with growth of 2.8% in 2015/16 and 3.2% in 2016/17. > Read MoreIn the June quarter, SME quarterly business conditions and confidence rose rising by 2 points to +4 and +5 index points respectively. SME business conditions were superior in property, finance, business services, wholesale, manufacturing and transport sectors. > Read MoreThe June quarter NAB Business Survey confirms the trend of gradually improving near-term indicators, but with a somewhat patchy longer term outlook. Business confidence strengthened in Q2 to +4 index points (from 0 points), which is its highest level since Q3 2014… > Read More
Latest Published Authors
Additional Content & Resources
Australian Business Insights
Analysis from NAB economics, the expertise of business commentators and experiences of business owners.
Tools, tips, guides and resources to help you improve your business.businesstips.nab.com.au