BUSINESS PLANNING

INSIGHTS, TRENDS AND CASE STUDIES

Confidence and conditions continue to ease

Business conditions continued to ease in Q4 and while they remain above average, forward looking indicators point to potential further weakness.

The Propel program helps Australian technology start-ups take on the world. Apply now to spend 10 days in the US building networks, meeting investors and absorbing the ways of Silicon Valley.

Wherever you look, the future is about technology – the way we invest, care for our health and even how we grow our food. We take a look at where technology might take us in 2019.

In seasonally adjusted terms, at 0.3%, online retail sales slowed in September. The 12 months to growth rate is also slower.

Small and Medium Enterprise (SME) business conditions edged lower in Q3 2018 to +11, while SME business confidence fell to +2pts. While conditions have eased over the past two quarters, they remain well above average, though confidence has declined to below average levels.

A Victorian couple have turned their vision for a southern US-style barbecue restaurant with a good heart at its core into a fast-growing business.

Keen to expand your business’s global footprint? If so, there are compelling reasons to consider heading to the UK, especially if you own a tech start-up, with an exciting new competition just launched.

The NAB Cashless Retail Sales Index gained 1.1% in August on a month-on-month basis, following a gain of 0.7% (revised) in July.

The business conditions index rose by 2pts to +15 index points in August, recovering some of the ground lost in recent months. Business confidence fell 3pts to +4 index points and is now below average.

Our expectation for the Australian economy is that GDP will increase by just under 3.0% in 2018 and 2019.

The nation’s thoughts are with drought-afflicted farmers. As distressing as their current circumstances are, the encouraging news is that underlying economic conditions remain positive and will help them bounce back once the drought breaks.

Consumer anxiety up steeply in Q2. Overall spending tightens as concerns about the economy and our household financial positions grow. Spending on utilities a key expense, and growing.

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