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

The NAB business confidence index in Australia fell sharply to 5 in August of 2017 from 12 in a month earlier, amid rising concerns about margins, demand and government policy. Meantime, the survey's employment index jumped 4 points to +11 and the index of business conditions edged up 1 point to +15, its highest level since early 2008. “It is probably too early to read much into the drop in confidence this month. While external shocks, such as the escalating tensions with North Korea, may have had some impact, we have actually asked for the first time in the Survey what firms see as being the most influential factors impacting confidence. For those indicating deterioration in confidence, the biggest concerns appear to be customer demand, government policy, as well as cost pressures – both energy and wages”, Alan Oster, NAB’s Chief economist, said. Business Confidence in Australia averaged 5.82 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 TEForecast
2017-07-11 01:30 AM NAB Business Confidence 9 7 5
2017-08-08 01:30 AM NAB Business Confidence 12 9 11
2017-09-12 01:30 AM NAB Business Confidence 5 12 9
2017-10-11 12:30 AM NAB Business Confidence 5 7
2017-11-08 12:30 AM NAB Business Confidence 7
2017-12-08 12:30 AM NAB Business Confidence 8


Australia Business Last Previous Highest Lowest Unit
Business Confidence 5.00 12.00 20.00 -30.00 [+]
Services PMI 53.00 56.40 57.70 39.00 Index Points [+]
Manufacturing PMI 59.80 56.00 62.13 30.86 [+]
Industrial Production 0.70 -0.50 12.40 -7.80 percent [+]
Industrial Production Mom 0.80 0.30 5.10 -7.00 percent [+]
Manufacturing Production -0.40 -2.00 8.70 -11.80 percent [+]
Capacity Utilization 81.57 81.93 84.67 78.24 percent [+]
New Orders 38.00 39.00 47.00 -37.00 [+]
Changes in Inventories -419.00 1928.00 4095.00 -3956.00 AUD Million [+]
Bankruptcies 719.00 816.00 1123.00 217.00 Companies [+]
Corporate Profits 78688.00 82421.00 82421.00 12032.00 AUD Million [+]
Total Vehicle Sales 99564.00 99527.00 101977.00 48099.00 [+]
Car Production 12220.00 11193.00 39306.00 6139.00 Units [+]
Car Registrations 13815.11 13549.45 13815.11 3990.94 Thousand [+]
Leading Economic Index -0.09 0.10 0.54 -1.08 percent [+]
Small Business Sentiment -2.81 9.06 18.71 -21.10 [+]
Steel Production 458.89 448.77 819.00 238.00 Thousand Tonnes [+]
Private Investment 0.80 0.90 15.60 -8.10 percent [+]
Mining Production 2.90 1.40 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 -0.40 1.10 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

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 12.00 20.00 -30.00 1997 - 2017 Monthly
SA




business confidence by Country

Last
Australia 5.00 Aug/17
Brazil 52.60 Aug/17
Canada 56.30 Aug/17
China 51.70 Aug/17
Euro Area 1.09 Aug/17
France 111.00 Aug/17
Germany 115.90 Aug/17
India 64.10 Mar/17
Indonesia 111.63 Jun/17
Italy 108.10 Aug/17
Japan 17.00 Jun/17
Mexico 49.08 Aug/17
Netherlands 5.40 Aug/17
Russia -2.00 Aug/17
South Korea 78.00 Aug/17
Spain -0.40 Aug/17
Switzerland 104.10 Aug/17
Turkey 110.70 Aug/17
United Kingdom 5.00 Sep/17
United States 58.80 Aug/17