Australia Business Confidence  1997-2016 | Data | Chart | Calendar

The NAB Business confidence index in Australia rose to 6 in August of 2016 from 4 in July, marking the highest reading since March. Business conditions suggested a positive near-term outlook for the non-mining economy, despite easing by 2 points to +7. Both trading conditions and profitability eased further from elevated levels while employment conditions were steady. Across industries, there were very few signs now that the non-mining recovery is extending beyond major services and the construction (residential sector). A trend deterioration in wholesale and retail conditions were counter to expectations for a broadening economic recovery, and warrants close monitoring. "The results from this month's survey remain broadly consistent with our prior view of the economy and the near-term outlook. It points to a patchy, but sustained, improvement in the non-mining economy, with the major services sectors and construction leading the way," said NAB's chief economist Alan Oster. Business Confidence in Australia averaged 5.73 from 1997 until 2016, reaching an all time high of 20 in April of 2002 and a record low of -30 in October of 2008. Business Confidence in Australia is reported by the National Australia Bank.

Australia Business Confidence
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Actual Previous Highest Lowest Dates Unit Frequency
6.00 4.00 20.00 -30.00 1997 - 2016 Monthly
SA
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-12 01:30 AM Jun 6 3 4
2016-08-09 01:30 AM Jul 4 5 5
2016-09-13 01:30 AM Aug 6 4 6
2016-10-13 12:30 AM Sep 6 6
2016-11-10 12:30 AM Oct 5
2016-12-08 12:30 AM Nov 6

Australia Business Last Previous Highest Lowest Unit
Business Confidence 6.00 4.00 20.00 -30.00 [+]
Manufacturing PMI 46.90 56.40 62.13 30.86 [+]
Services PMI 45.00 53.90 55.60 39.00 Index Points [+]
Industrial Production 3.61 4.78 12.77 -7.80 percent [+]
Industrial Production Mom -1.48 3.24 5.28 -7.01 percent [+]
Manufacturing Production -2.18 -3.72 8.63 -11.77 percent [+]
Capacity Utilization 81.02 81.51 84.67 78.24 percent [+]
New Orders 27.00 25.00 47.00 -37.00 [+]
Changes in Inventories 706.00 -477.00 4145.00 -4074.00 AUD Million [+]
Bankruptcies 771.00 755.00 1123.00 217.00 Companies [+]
Corporate Profits 63661.00 59551.00 70570.00 12032.00 AUD Million [+]
Total Vehicle Sales 97929.00 97829.00 100478.00 48099.00 [+]
Car Production 16060.00 13508.00 39306.00 9227.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index 0.00 0.08 0.54 -1.07 percent [+]
Small Business Sentiment 5.38 -4.14 18.71 -21.10 [+]
Steel Production 451.35 477.34 819.00 238.00 Thousand Tonnes [+]
Mining Production 9.94 13.47 25.48 -16.61 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 -0.30 2.80 -2.80 percent [+]
Corruption Index 79.00 80.00 88.60 79.00 Points [+]
Corruption Rank 13.00 11.00 13.00 7.00 [+]
Ease of Doing Business 13.00 12.00 15.00 9.00 [+]




Last
Albania -5.80 Jun/16
Angola -34.00 Jun/16
Armenia 51.00 Jun/16
Australia 6.00 Aug/16
Austria -3.40 Sep/16
Bangladesh 9.96 Dec/14
Belgium -2.20 Sep/16
Brazil 53.70 Sep/16
Bulgaria 17.00 Aug/16
Canada 52.30 Aug/16
Cape Verde -7.00 Jul/16
Chile 40.18 Aug/16
China 50.40 Aug/16
Colombia 7.90 Aug/16
Croatia 3.30 Sep/16
Cyprus 110.10 Sep/16
Czech Republic 95.20 Sep/16
Denmark -8.00 Sep/16
Ecuador 1165.10 Aug/16
Estonia 101.30 Aug/16
Euro Area 0.45 Sep/16
European Union 103.80 Aug/16
Finland 1.30 Sep/16
France 103.00 Sep/16
Georgia 24.00 Jun/16
Germany 109.50 Sep/16
Greece 91.40 Sep/16
Hong Kong -6.00 Sep/16
Hungary 1.20 Aug/16
India 57.20 Jun/16
Indonesia 110.24 Jun/16
Ireland 9.00 Jun/16
Israel 18.20 Aug/16
Italy 101.90 Sep/16
Japan 6.00 Jun/16
Kazakhstan 6.00 Jun/16
Latvia -2.70 Sep/16
Lithuania -3.80 Aug/16
Luxembourg 101.50 Sep/16
Macedonia 24.60 Aug/16
Malaysia 106.40 Jun/16
Maldives -76.00 Jun/16
Malta 114.10 Sep/16
Mauritius 98.00 Jun/16
Mexico 53.83 Aug/16
Mozambique 95.20 Jul/16
Netherlands 3.40 Sep/16
New Caledonia 79.90 Jun/16
New Zealand 27.90 Sep/16
Nigeria -24.10 Sep/16
Norway -2.00 Jun/16
Peru 61.00 Jul/16
Philippines 45.40 Sep/16
Poland 3.30 Sep/16
Portugal 1.40 Sep/16
Qatar 20.40 Mar/16
Romania 2.10 Sep/16
Russia -5.00 Sep/16
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -1.00 Jun/16
Slovakia 6.00 Sep/16
Slovenia 3.00 Sep/16
South Africa 42.00 Sep/16
South Korea 71.00 Sep/16
Spain -4.70 Aug/16
Sri Lanka 86.00 Jun/16
Sweden 105.10 Sep/16
Switzerland 99.83 Aug/16
Thailand 47.80 Aug/16
Turkey 106.50 Sep/16
Uganda 57.73 Aug/16
Ukraine 108.50 Jun/16
United Kingdom -47.00 Sep/16
United States 49.40 Aug/16