Australia Business Confidence  1997-2017 | Data | Chart | Calendar

The NAB Business confidence index in Australia surged to 13 in April of 2017 from 6 in March and reaching the highest reading since March 2010. The business conditions gauge climbed to a nine-year high of 14 (from a downwardly revised 12 in the prior month), mainly driven by employment while sales continued to went up and profitability was steady. By sector, concerns remained over the retail sector, despite a pick-up over the month. In addition, mining activity showed positive signs in the face of a lower April reading. "Industry trends remain positive overall, supported by elevated commodity prices," said NAB chief economist Alan Oster. "We remain confident in our outlook for economic growth to accelerate in the second half of 2017," he added. Business Confidence in Australia averaged 5.78 from 1997 until 2017, reaching an all time high of 20 in April of 2002 and a record low of -30 in October of 2008.

Australia Business Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-14 12:30 AM Feb 7 10 8.75
2017-04-11 01:30 AM Mar 6 7 7.4
2017-05-08 01:30 AM Apr 13 6 6.4
2017-06-14 01:30 AM May 13 10.31
2017-07-12 01:30 AM Jun 10.06
2017-08-09 01:30 AM Jul 9.95




Australia Business Last Previous Highest Lowest Unit
Business Confidence 13.00 6.00 20.00 -30.00 [+]
Manufacturing PMI 59.20 57.50 62.13 30.86 [+]
Services PMI 53.00 51.70 57.70 39.00 Index Points [+]
Industrial Production 1.10 -0.50 12.40 -7.80 percent [+]
Industrial Production Mom 1.00 -0.80 5.10 -7.00 percent [+]
Manufacturing Production -1.80 -2.80 8.70 -11.80 percent [+]
Capacity Utilization 81.29 81.90 84.67 78.24 percent [+]
New Orders 42.00 32.00 47.00 -37.00 [+]
Changes in Inventories 552.00 1228.00 4095.00 -3996.00 AUD Million [+]
Bankruptcies 576.00 396.00 1123.00 217.00 Companies [+]
Corporate Profits 77773.00 64765.00 77773.00 12032.00 AUD Million [+]
Total Vehicle Sales 97136.00 96806.00 100001.00 48099.00 [+]
Car Production 6937.00 11246.00 39306.00 6139.00 Units [+]
Car Registrations 13815.11 13549.45 13815.11 3990.94 Thousand [+]
Leading Economic Index 0.10 0.00 0.54 -1.07 percent [+]
Small Business Sentiment 9.06 1.56 18.71 -21.10 [+]
Steel Production 429.01 392.46 819.00 238.00 Thousand Tonnes [+]
Private Investment -2.10 -3.30 15.60 -7.80 percent [+]
Mining Production 6.10 2.80 25.40 -16.80 percent [+]
Competitiveness Index 5.19 5.15 5.20 5.08 Points [+]
Competitiveness Rank 22.00 21.00 22.00 15.00 [+]
Business Inventories 0.30 0.90 2.80 -2.80 percent [+]
Corruption Index 79.00 79.00 88.60 79.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Ease of Doing Business 15.00 13.00 15.00 9.00 [+]


Australia Business Confidence Notes

The NAB monthly survey of business confidence is based on a telephone survey of around 600 small, medium and large size non-agricultural 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. Australia Business Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
13.00 6.00 20.00 -30.00 1997 - 2017 Monthly
SA



business confidence by Country

Last
Australia 13.00 Apr/17
Brazil 53.70 May/17
Canada 62.40 Apr/17
China 51.20 Apr/17
Euro Area 1.09 Apr/17
France 108.00 Apr/17
Germany 112.90 Apr/17
India 57.20 Jun/16
Indonesia 103.42 Mar/17
Italy 107.90 Apr/17
Japan 12.00 Mar/17
Mexico 46.70 Apr/17
Netherlands 8.30 Apr/17
Russia -1.00 Apr/17
South Korea 83.00 Apr/17
Spain 0.10 Apr/17
Switzerland 106.00 Apr/17
Turkey 111.20 Apr/17
United Kingdom 1.00 Jun/17
United States 54.80 Apr/17