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

The NAB Business confidence index in Australia fell to 6 in March of 2017 from 7 in February. While the employment index held steady at a relatively firm of 5, the survey's measure of business conditions climbed 6 points to the highest since February 2008 of 14. Also, the index of sales rose 10 points to 22 and profits increased 3 points to 13. By sector, retail continued to suffer while services and wholesale reported the strongest conditions. Also, mining sector improved on the back of higher commodity prices. “The mining industry has been particularly impressive, having lagged well behind in recent years,” said Alan Oster, chief economist at NAB. “In contrast, the retail industry continues to be a concern with conditions falling further, dropping into negative territory. The apparent weakness in retail is driving our relatively downbeat outlook for consumption.” Business Confidence in Australia averaged 5.75 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)
2017-02-14 12:30 AM Jan 10 6 7
2017-03-14 12:30 AM Feb 7 10 8.75
2017-04-11 01:30 AM Mar 6 7 7.4
2017-05-09 01:30 AM Apr 6 6.43
2017-06-14 01:30 AM May 6.02
2017-07-12 01:30 AM Jun 6




Australia Business Last Previous Highest Lowest Unit
Business Confidence 6.00 7.00 20.00 -30.00 [+]
Manufacturing PMI 57.50 59.30 62.13 30.86 [+]
Services PMI 51.70 49.00 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 81.90 81.39 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 96751.00 94937.00 99868.00 48099.00 [+]
Car Production 11246.00 15808.00 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.00 7.00 20.00 -30.00 1997 - 2017 Monthly
SA



Last
Albania -0.10 Mar/17
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 6.00 Mar/17
Austria 1.90 Apr/17
Bangladesh 9.96 Dec/14
Belgium -0.80 Apr/17
Brazil 53.10 Apr/17
Bulgaria 27.20 Apr/17
Canada 61.10 Mar/17
Cape Verde 5.00 Mar/17
Chile 45.12 Mar/17
China 51.80 Mar/17
Colombia -0.10 Feb/17
Croatia 10.40 Apr/17
Cyprus 115.50 Apr/17
Czech Republic 95.10 Apr/17
Denmark 1.00 Apr/17
Ecuador 1170.90 Feb/17
Estonia 106.60 Apr/17
Euro Area 1.09 Apr/17
European Union 3.00 Apr/17
Finland 4.20 Apr/17
France 108.00 Apr/17
Georgia 17.50 Mar/17
Germany 112.90 Apr/17
Greece 94.90 Apr/17
Hong Kong 5.00 Jun/17
Hungary 6.40 Apr/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 20.00 Mar/17
Italy 107.90 Apr/17
Japan 12.00 Mar/17
Kazakhstan 6.00 Mar/17
Latvia 2.70 Apr/17
Lithuania -3.50 Apr/17
Luxembourg 113.60 Apr/17
Macedonia 25.10 Mar/17
Malaysia 112.70 Mar/17
Maldives 49.00 Dec/16
Malta 114.60 Apr/17
Mauritius 97.50 Dec/16
Mexico 46.22 Mar/17
Mozambique 92.60 Jan/17
Netherlands 8.30 Apr/17
New Caledonia 88.60 Dec/16
New Zealand 11.00 Apr/17
Nigeria -29.00 Dec/16
Norway 1.10 Mar/17
Peru 44.00 Mar/17
Philippines 39.40 Mar/17
Poland 9.60 Apr/17
Portugal 1.80 Apr/17
Qatar 20.20 Sep/16
Romania 0.10 Apr/17
Russia -1.00 Apr/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 7.00 Mar/17
Slovakia 2.00 Apr/17
Slovenia 9.00 Apr/17
South Africa 40.00 Mar/17
South Korea 83.00 Apr/17
Spain 0.10 Apr/17
Sri Lanka 102.00 Dec/16
Sweden 108.60 Apr/17
Switzerland 106.00 Apr/17
Thailand 52.60 Mar/17
Turkey 111.20 Apr/17
Uganda 55.20 Mar/17
Ukraine 113.30 Mar/17
United Kingdom 1.00 Jun/17
United States 57.20 Mar/17