The latest findings from the Business Expectations Survey from Dun & Bradstreet Australia for the December quarter indicate a sharp turnaround in business expectations reversing several months of gloomy prospects. Key points for the survey include:

  • Sales and profits expectations have recorded the greatest one-quarter rises since the survey began – 44 percent of respondents expect an increase in sales and 31 percent expect an increase in profits
  • The employment indicator has also risen sharply with 15 percent of businesses expecting to increase staff in the December quarter and 8 percent anticipating a decrease
  • Capital investment expectations are at the highest level in six years – 17 percent of firms expect an increase in this area and five percent expect a decrease
  • Expectations for growth in inventories has reached the highest level in five years – 18 percent of firms plan to increase stock while 10 percent expect to decrease inventories
  • Selling price expectations have fallen to the lowest level in more than four years – 35 percent of firms expect to increase prices and 8 percent intend to cut prices

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BIIA Newsletter September 2009 Issue