Australia Business Confidence
Business Confidence in Australia increased to 8 in June of 2014 from 7 in May of 2014. Business Confidence in Australia averaged 5.83 from 1997 until 2014, reaching an all time high of 21.10 in May of 2002 and a record low of -31.60 in January of 2009. Business Confidence in Australia is reported by the National Australia Bank.
||1997 - 2014
The NAB monthly survey of business confidence is based on a telephone survey of around 350 small, medium and large size Australian companies. The Survey measures the expectations of business conditions for the upcoming month and is a simple average of trading, profitability and employment indices, reported by respondents for their company. The indices are calculated by taking the difference between the percentage of respondents nominating good or very good, or a rise and those nominating poor or very poor, or a fall. This page provides - Australia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.