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

The NAB Business confidence index in Australia jumped to 10 in January of 2017 from 6 in the prior month, marking the highest reading since February 2014. Business conditions rose the most in nearly a decade while the index of trading doubled to 22 and employment increased to its highest level since 2011. At the same time, the measure of profits was steady at 12. The trend for retail was still very soft, suggesting the outlook for consumption remained cloudy. “These outcomes are certainly pointing to an improvement in the domestic economy after a soft patch through much of the second half of 2016,” NAB chief economist Alan Oster said. However, he added, a “degree of caution” should be exercised “given the diverse and rapidly changing seasonal influences” that may include the shift in Chinese New Year to January. Business Confidence in Australia averaged 5.74 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)
2016-12-13 12:30 AM Nov 5 4 3
2017-01-31 12:30 AM Dec 6 6 4.90
2017-02-14 12:30 AM Jan 10 6 7
2017-03-08 12:30 AM Feb 10 8.75
2017-04-12 01:30 AM Mar 8.55
2017-05-02 01:30 AM Apr 8.43




Australia Business Last Previous Highest Lowest Unit
Business Confidence 10.00 6.00 20.00 -30.00 [+]
Manufacturing PMI 51.20 55.40 62.13 30.86 [+]
Services PMI 54.50 57.70 57.70 39.00 Index Points [+]
Industrial Production -0.20 1.70 12.40 -7.80 percent [+]
Industrial Production Mom -0.50 -1.30 5.10 -7.00 percent [+]
Manufacturing Production -0.20 2.00 12.10 -8.10 percent [+]
Capacity Utilization 81.50 80.85 84.67 78.24 percent [+]
New Orders 32.00 27.00 47.00 -37.00 [+]
Changes in Inventories 1053.00 435.00 4094.00 -3982.00 AUD Million [+]
Bankruptcies 636.00 677.00 1123.00 217.00 Companies [+]
Corporate Profits 64174.00 63550.00 70549.00 12032.00 AUD Million [+]
Total Vehicle Sales 97636.00 97012.00 99953.00 48099.00 [+]
Car Production 9334.00 11453.00 39306.00 9227.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index 0.00 0.40 0.54 -1.07 percent [+]
Small Business Sentiment 1.56 1.90 18.71 -21.10 [+]
Steel Production 436.66 448.12 819.00 238.00 Thousand Tonnes [+]
Mining Production 3.60 9.40 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 0.80 0.20 2.80 -2.80 percent [+]
Corruption Index 79.00 80.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10.00 6.00 20.00 -30.00 1997 - 2017 Monthly
SA



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Albania -0.10 Dec/16
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 10.00 Jan/17
Austria 1.20 Jan/17
Bangladesh 9.96 Dec/14
Belgium -1.10 Feb/17
Brazil 53.10 Feb/17
Bulgaria 20.20 Jan/17
Canada 57.20 Jan/17
Cape Verde 4.00 Dec/16
Chile 44.88 Jan/17
China 51.30 Jan/17
Colombia 1.90 Jan/17
Croatia 6.80 Jan/17
Cyprus 114.10 Jan/17
Czech Republic 95.90 Feb/17
Denmark -4.00 Jan/17
Ecuador 1200.00 Dec/16
Estonia 103.90 Jan/17
Euro Area 0.77 Jan/17
European Union 108.50 Jan/17
Finland 3.60 Jan/17
France 107.00 Feb/17
Georgia 17.60 Dec/16
Germany 111.00 Feb/17
Greece 95.10 Jan/17
Hong Kong -1.00 Mar/17
Hungary 4.40 Jan/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 19.80 Jan/17
Italy 106.30 Feb/17
Japan 10.00 Dec/16
Kazakhstan 2.00 Dec/16
Latvia -4.00 Jan/17
Lithuania -4.70 Jan/17
Luxembourg 113.90 Jan/17
Macedonia 26.20 Jan/17
Malaysia 81.20 Dec/16
Maldives 49.00 Dec/16
Malta 111.20 Jan/17
Mauritius 97.50 Dec/16
Mexico 42.81 Jan/17
Mozambique 91.00 Dec/16
Netherlands 6.00 Jan/17
New Caledonia 79.90 Jun/16
New Zealand 21.70 Dec/16
Nigeria -29.00 Dec/16
Norway 0.00 Dec/16
Peru 57.00 Jan/17
Philippines 39.40 Mar/17
Poland 4.50 Feb/17
Portugal 1.20 Jan/17
Qatar 20.40 Jun/16
Romania 1.20 Jan/17
Russia -3.00 Jan/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -14.00 Dec/16
Slovakia 9.30 Jan/17
Slovenia 11.00 Feb/17
South Africa 38.00 Dec/16
South Korea 75.00 Jan/17
Spain -0.70 Jan/17
Sri Lanka 102.00 Dec/16
Sweden 109.00 Feb/17
Switzerland 101.70 Jan/17
Thailand 50.10 Jan/17
Turkey 105.30 Feb/17
Uganda 53.99 Jan/17
Ukraine 108.70 Dec/16
United Kingdom 15.00 Mar/17
United States 56.00 Jan/17