Australia Small Business Sentiment  Forecast


Australia Small Business Sentiment
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Small Business Sentiment in Australia is expected to be 8.87 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Small Business Sentiment in Australia to stand at 2.15 in 12 months time. In the long-term, the Australia Small Business Sentiment is projected to trend around 1.77 in 2020, according to our econometric models.


Australia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 6 8 6 9 10 6
Services PMI 51.7 52.5 53 52.8 52 52.2
Manufacturing PMI 57.3 54 53 53.4 53 52
Industrial Production 0.7 2.47 3.03 3.14 2.94 2.32
Industrial Production Mom 0.8 0.49 0.55 0.49 0.51 0.55
Manufacturing Production -0.4 0.2 0.2 -0.5 -0.6 1
Capacity Utilization 81.73 81.71 81.62 81.56 81.49 81.16
New Orders 38 24.01 21.31 17.77 17.71 14.98
Changes in Inventories 506 295 451 445 473 481
Bankruptcies 606 652 650 649 650 655
Corporate Profits 79233 64900 78508 78358 78253 59900
Total Vehicle Sales 98922 98865 98655 98460 98271 101000
Car Production 1825 10700 11082 12456 13862 12700
Car Registrations 14079 14060 14186 14250 14313 14758
Leading Economic Index 0.13 0.2 0 0.1 0.2 0.1
Small Business Sentiment 7.65 8.87 3.26 3.06 2.15 1.77
Internet Speed 11063 12170 12322 12490 12505 11755
IP Addresses 9859878 9605209 9404654 9311370 9192759 8784847
Private Investment 1 1.11 1.28 1.3 1.34 1.42
Mining Production 2.9 0.7 1.2 1.1 0.9 4
Steel Production 440 455 474 489 502 558
Competitiveness Index 5.19 5.19 5.21 5.21 5.21 5.25
Competitiveness Rank 21 22 23 23 22 25
Business Inventories 0.2 0.6 0.38 0.4 0.5 0.4
Corruption Index 79 80 80 81 81 83
Corruption Rank 13 12 12 11 11 8
Ease of Doing Business 14 14 16 16 16 17