Australia Business Confidence

Australia

Australia: Business sentiment inches up in January

February 12, 2013

In January, the business sentiment index published by the National Australian Bank (NAB) inched up to 3.0 points from the revised 2.0 points seen in December (previously reported: +3.0 points). With the January increase, sentiment moved further above the 0-point threshold that separates positive from negative opinion and reached its highest level in six months.

Sentiment improved in mining and wholesale, while it deteriorated in all other industries. Finance/business/property was the sector showing the highest confidence level, whereas sentiment was lowest in wholesale.


Author:, Head of Data Solutions

Sample Report

Looking for forecasts related to Business Confidence in Australia? Download a sample report now.

Download

Australia Business Confidence Chart


Australia Business Confidence January 2013

Note: Index of business sentiment; 0-point threshold indicates equal number of positive and negative responses.
Source: National Australia Bank


Australia Economic News

  • Australia: Retail sales jump in November

    January 11, 2021

    Nominal retail sales in November soared 7.1% over the previous month in seasonally-adjusted terms, following October’s 1.4% increase. Particularly pronounced increases were recorded in household goods retailing, clothing, footwear and personal accessory retailing, department stores, cafes, restaurants and takeaway food services and other retailing. In annual terms, retail sales jumped 12.1% in November, following October’s 7.7% expansion.

    Read more

  • Australia: Unemployment rate drops in November

    December 17, 2020

    Seasonally-adjusted employment soared by 90,000 in November, following revised 180,400 jobs gain in October (previously reported: +178,800).

    Read more

  • Australia: Business confidence at highest level in close to three years in November

    December 11, 2020

    The business confidence index produced by National Australia Bank (NAB) soared from 3.2 points in October to 12.4 points in November, marking the highest reading since April 2018.

    Read more

  • Australia: Consumer sentiment at over 10-year high in December

    December 11, 2020

    The Westpac-Melbourne Institute consumer sentiment index surged from 107.7 in November to 112.0 in December, marking the highest reading since October 2010.

    Read more

  • Australia: Retail sales rebound in October

    December 4, 2020

    Nominal retail sales in October expanded 1.4% over the previous month in seasonally-adjusted terms, contrasting September’s 1.1% drop. Particularly pronounced increases were recorded in cafes, restaurants and takeaway food services, as well as in food clothing, footwear and personal accessory retailing.

    Read more

More news

Search form