Australia Business Confidence  1997-2017 | Data | Chart | Calendar

The NAB business confidence index in Australia went up to 9 in June of 2017 from 7 in a month earlier. The business conditions rose the most to the level around pre-global financial crisis at 15 (from 11 in May) and well above the long-run average of 5. By component, profitability (15 from 10) and trading conditions/sales (21 from 15) drove most of the increase, which is an indication that demand is seeing a much needed improvement. Meantime, employment conditions were steady at solid levels (7). Confidence levels were currently positive for all industries – even in mining where conditions had turned down – but the magnitude varied. “We continue to be pleasantly surprised by just how upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt," said Alan Oster, NAB’s Chief economist. Business Confidence in Australia averaged 5.80 from 1997 until 2017, reaching an all time high of 20 in April of 2002 and a record low of -30 in October of 2008.

Australia Business Confidence
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-08 01:30 AM Apr 13 6 6.4
2017-06-13 01:30 AM May 7 13 10.31
2017-07-11 01:30 AM Jun 9 7 5
2017-08-09 01:30 AM Jul 9 7
2017-09-13 01:30 AM Aug 9
2017-10-11 12:30 AM Sep 7




Australia Business Last Previous Highest Lowest Unit
Business Confidence 9.00 7.00 20.00 -30.00 [+]
Manufacturing PMI 55.00 54.80 62.13 30.86 [+]
Services PMI 54.80 51.50 57.70 39.00 Index Points [+]
Industrial Production -0.70 0.50 12.40 -7.80 percent [+]
Industrial Production Mom 0.39 0.90 5.10 -7.00 percent [+]
Manufacturing Production -2.30 -1.90 8.70 -11.80 percent [+]
Capacity Utilization 81.88 82.44 84.67 78.24 percent [+]
New Orders 39.00 42.00 47.00 -37.00 [+]
Changes in Inventories 2069.00 208.00 4095.00 -3952.00 AUD Million [+]
Bankruptcies 792.00 590.00 1123.00 217.00 Companies [+]
Corporate Profits 82628.00 77943.00 82628.00 12032.00 AUD Million [+]
Total Vehicle Sales 102275.00 101074.00 102275.00 48099.00 [+]
Car Production 11140.00 11499.00 39306.00 6139.00 Units [+]
Car Registrations 13815.11 13549.45 13815.11 3990.94 Thousand [+]
Leading Economic Index -0.14 -0.02 0.54 -1.07 percent [+]
Small Business Sentiment 9.06 1.56 18.71 -21.10 [+]
Steel Production 431.68 411.21 819.00 238.00 Thousand Tonnes [+]
Private Investment 0.30 -1.00 15.60 -7.60 percent [+]
Mining Production 0.90 5.20 25.40 -16.80 percent [+]
Competitiveness Index 5.19 5.15 5.20 5.08 Points [+]
Competitiveness Rank 22.00 21.00 22.00 15.00 [+]
Business Inventories 1.20 0.00 2.80 -2.80 percent [+]
Corruption Index 79.00 79.00 88.60 79.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Ease of Doing Business 15.00 13.00 15.00 9.00 [+]


Australia Business Confidence Notes

The NAB monthly survey of business confidence is based on a telephone survey of around 600 small, medium and large size non-agricultural companies. The Survey measures the expectations of business conditions for the upcoming month and is a simple average of trading, profitability and employment indices, reported by respondents for their company. The indices are calculated by taking the difference between the percentage of respondents nominating good or very good, or a rise and those nominating poor or very poor, or a fall. This page provides - Australia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Business Confidence - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.00 7.00 20.00 -30.00 1997 - 2017 Monthly
SA



business confidence by Country

Last
Australia 9.00 Jun/17
Brazil 50.60 Jul/17
Canada 61.60 Jun/17
China 51.70 Jun/17
Euro Area 1.15 Jun/17
France 108.00 Jun/17
Germany 115.10 Jun/17
India 57.20 Jun/16
Indonesia 103.42 Mar/17
Italy 107.30 Jun/17
Japan 17.00 Jun/17
Mexico 48.01 Jun/17
Netherlands 7.20 Jun/17
Russia -1.00 Jun/17
South Korea 78.00 Jun/17
Spain 2.10 Jun/17
Switzerland 105.50 Jun/17
Turkey 112.40 Jun/17
United Kingdom 1.00 Jun/17
United States 57.80 Jun/17