Sydney Australia skyline

Australia Business Confidence August 2021

Australia: Business confidence improves in August

The business confidence index produced by National Australia Bank (NAB) improved to minus 5.3 points in August from minus 7.3 points in July, which had marked the lowest reading since July 2020. Therefore, the index remained entrenched below the zero-point threshold that signals Australian businesses turned mostly pessimistic regarding economic conditions going forward.

Meanwhile, business conditions strengthened in August.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest