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

The NAB business confidence index in Australia edged up to 8 in October of 2017 from 7 in a month earlier. It was the highest figure in three months and the second straight upswing. The headline was boosted by sales (up 11 points to 30) and profitability (up 9 points to 26). "Overall, results from the Survey indicate that the business sector in Australia is very strong at present, which is having positive spill-overs into the labor market and investment," Alan Oster, NAB’s Chief economist, said. The construction sector reported booming conditions nudged by housing and public investment. Business Confidence in Australia averaged 5.83 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
2017-09-12 01:30 AM NAB Business Confidence 5 12 9
2017-10-10 12:30 AM NAB Business Confidence 7 5 6 7
2017-11-14 12:30 AM NAB Business Confidence 8 7 7
2017-12-08 12:30 AM NAB Business Confidence 8 8


Australia Business Last Previous Highest Lowest Unit
Business Confidence 8.00 7.00 20.00 -30.00 [+]
Services PMI 51.40 52.10 57.70 39.00 Index Points [+]
Manufacturing PMI 51.10 54.20 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 81.73 81.92 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 741.00 719.00 1123.00 217.00 Companies [+]
Corporate Profits 78688.00 82421.00 82421.00 12032.00 AUD Million [+]
Total Vehicle Sales 98922.00 98919.00 101882.00 48099.00 [+]
Car Production 10499.00 12220.00 39306.00 6139.00 Units [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.13 0.14 0.54 -1.08 percent [+]
Small Business Sentiment 7.65 -2.81 18.71 -21.10 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment 0.80 0.90 15.60 -8.10 percent [+]
Mining Production 2.90 1.40 25.40 -16.80 percent [+]
Steel Production 427.34 461.27 819.00 238.00 Thousand Tonnes [+]
Competitiveness Index 5.19 5.19 5.20 5.08 Points [+]
Competitiveness Rank 21.00 22.00 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 14.00 15.00 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8.00 7.00 20.00 -30.00 1997 - 2017 Monthly
SA




business confidence by Country
Country Last
Australia 8.00 Oct/17
Brazil 56.00 Oct/17
Canada 63.80 Oct/17
China 51.60 Oct/17
Euro Area 1.44 Oct/17
France 111.00 Oct/17
Germany 116.70 Oct/17
India 64.10 Mar/17
Indonesia 112.39 Sep/17
Italy 111.00 Oct/17
Japan 22.00 Sep/17
Mexico 49.44 Oct/17
Netherlands 8.20 Oct/17
Russia -3.00 Oct/17
South Korea 81.00 Oct/17
Spain 2.50 Oct/17
Switzerland 109.10 Oct/17
Turkey 109.50 Oct/17
United Kingdom -11.00 Dec/17
United States 58.70 Oct/17