The Dun & Bradstreet Business Expectation survey confirmed a mixed picture for the economy.
The full report is at this link https://dnb.com.au/article-bex-q4-2017-final.html#.WbBm1zOB24k
Growth prospects remain mixed across the country
Uncertain economic conditions continue to impact optimism across the Australian business landscape, with sentiment softening for the final quarter of 2017. In Dun & Bradstreet’s August Business Expectations Survey, businesses predicted lower sales, employment and selling prices for the December quarter, despite a general pick-up in business activity during the June quarter. However, capital investment and profits are tipped to rise.
“The uncertain outlook for the economy was confirmed in the latest Business Expectations Survey, which saw a pull-back in business optimism across most of the key components of the economy. Overall business expectations were flat into the December quarter confirming a lower level of optimism than had been evident in the June quarter, a time when expectations were at a cyclical high.”