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

The NAB Business confidence index in Australia dropped slightly to 4 in July of 2016 compared to a downwardly revised 5 in June mostly due to deterioration in trading conditions and profitability. In contrast, service sectors continuing to be the best performers as retail conditions was encouraging and in spite of deteriorations in transport and wholesale. Also, the employment component managed to hold onto the gains seen in June, suggesting ongoing employment growth. In general, despite the recent events including Brexit and the Federal election that have posed a risk to market sentiment in the past month or so, firms are continuing to report positive levels of business confidence (albeit a little below average levels). Also, it is important to note that the confidence is set to improve in coming months as the Reserve Bank of Australia's decision to cut the cash rate 25 basis points to a fresh record low of 1.5 percent was not taken into an account in the July's survey. 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
4.00 5.00 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-14 01:30 AM May 3 5 5
2016-07-12 01:30 AM Jun 6 3 4
2016-08-09 01:30 AM Jul 4 5 5
2016-09-08 01:30 AM Aug 4 6
2016-10-13 12:30 AM Sep 6
2016-11-10 12:30 AM Oct 5

Australia Business Last Previous Highest Lowest Unit
Business Confidence 4.00 5.00 20.00 -30.00 [+]
Manufacturing PMI 56.40 51.80 62.13 30.86 [+]
Services PMI 53.90 51.30 55.60 39.00 Index Points [+]
Industrial Production 4.78 1.99 12.77 -7.80 percent [+]
Industrial Production Mom 3.24 0.19 5.28 -7.01 percent [+]
Manufacturing Production 3.06 -1.54 8.63 -11.77 percent [+]
Capacity Utilization 81.51 81.26 84.67 78.24 percent [+]
New Orders 25.00 34.00 47.00 -37.00 [+]
Changes in Inventories 651.00 522.00 4142.00 -4075.00 AUD Million [+]
Bankruptcies 755.00 735.00 1123.00 217.00 Companies [+]
Corporate Profits 59295.00 62931.00 70734.00 12032.00 AUD Million [+]
Total Vehicle Sales 98062.00 99360.00 100478.00 48099.00 [+]
Car Production 13916.00 12012.00 39306.00 9227.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index 0.10 -0.21 0.54 -1.07 percent [+]
Small Business Sentiment 5.38 -4.14 18.71 -21.10 [+]
Steel Production 534.88 386.00 819.00 238.00 Thousand Tonnes [+]
Mining Production 12.98 5.89 25.48 -16.61 percent [+]
Competitiveness Index 5.15 5.08 5.20 5.08 Points [+]
Competitiveness Rank 21.00 22.00 22.00 15.00 [+]
Business Inventories 0.40 -0.40 2.90 -2.70 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
Australia 4.00 Jul/16
Austria -6.70 Jul/16
Bangladesh 9.35 Dec/14
Belgium -3.10 Aug/16
Brazil 51.50 Aug/16
Bulgaria 16.50 Jul/16
Canada 57.00 Jul/16
Cape Verde -7.00 Jul/16
Chile 39.50 Jul/16
China 49.90 Jul/16
Colombia 3.70 Jun/16
Croatia 2.50 Jul/16
Cyprus 110.10 Jul/16
Czech Republic 95.30 Aug/16
Denmark -5.00 Jul/16
Ecuador 1141.60 Jun/16
Estonia 102.10 Jul/16
Euro Area 0.39 Jul/16
European Union 104.80 Jul/16
Finland -13.00 Jul/16
France 103.00 Jul/16
Georgia 24.00 Jun/16
Germany 108.30 Jul/16
Greece 90.90 Jul/16
Hong Kong -6.00 Sep/16
Hungary 5.60 Jul/16
India 57.20 Jun/16
Indonesia 110.24 Jun/16
Ireland 9.00 Jun/16
Israel 18.60 Jul/16
Italy 103.10 Jul/16
Japan 6.00 Jun/16
Kazakhstan 6.00 Jun/16
Latvia -3.10 Jul/16
Lithuania -8.80 Jul/16
Luxembourg 102.30 Jul/16
Macedonia 24.00 Jul/16
Malaysia 106.40 Jun/16
Malta 110.50 Jul/16
Mauritius 98.00 Jun/16
Mexico 52.68 Jul/16
Mozambique 97.10 Jun/16
Netherlands 5.10 Jul/16
New Caledonia 76.70 Mar/16
New Zealand 16.00 Jul/16
Nigeria -12.30 Jun/16
Norway -2.00 Jun/16
Peru 61.00 Jul/16
Philippines 48.70 Jun/16
Poland 3.10 Jul/16
Portugal 1.30 Jul/16
Qatar 20.40 Mar/16
Romania 0.80 Jul/16
Russia -3.00 Jul/16
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -1.00 Jun/16
Slovakia 9.70 Jul/16
Slovenia 5.00 Jul/16
South Africa 32.00 Jun/16
South Korea 72.00 Jul/16
Spain -2.80 Jul/16
Sri Lanka 86.00 Jun/16
Sweden 105.30 Jul/16
Switzerland 102.75 Jul/16
Thailand 49.40 Jul/16
Turkey 108.00 Jul/16
Uganda 57.92 Jul/16
Ukraine 108.50 Jun/16
United Kingdom -47.00 Sep/16
United States 52.60 Jul/16