illion CEO Simon Bligh said the profit outlook indicated the underlying foundation of Australia’s corporate landscape remains strong. “The data shows that businesses across a variety of industries are set to close out the year on a confident note,” he said.
“This bodes well for the beginning of 2018, which, judging by the latest Business Expectations results, is set to be an active year for business growth.”
About the illion Australian Business Expectations Survey
Methodology behind the Australian Business Expectations Survey: Each month, illion asks a sample of executives if they expect an increase, decrease or no change in their quarter-ahead sales, profits, employees, capital investment and selling prices compared with the same quarter a year ago. The executives are also asked for actual changes over the twelve months to the latest completed quarter.
In this issue, the final indexes for the latest quarter are based on approximately 800 responses obtained during October and November 2017.
The link to the full survey results are at this link https://dnb.com.au/article-bex-Q1-2018-interim-report.html#.Wi38-62B24k