Australian Risk Climate: Business Expectations Continue to Fall

Posted by Joachim Bartels | Jun 9, 2011 | Australia, Dun & Bradstreet, Dun & Bradstreet Australia, Member, Member News | 0 |

Capital expenditure halts and firms shed employees as sales projections dip

Executives are increasingly pessimistic about the outlook for the new financial year, despite selling prices remaining steady and the majority of firms experiencing sales growth during the March quarter. Those in the manufacturing, wholesale and retail sectors will allocate less capital to fixed assets and take on less staff in the coming quarter, as profit expectations from key decision makers falls well below the 10-year average. These are the results of the latest Dun & Bradstreet

Business Expectations Survey that examines expectations for the September quarter of 2011.

Source: D&B Australia

To read the full story click on the attachment: June 2011 – Business expectations continue to fall

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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