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

The NAB Business confidence index in Australia dropped to 4 in October of 2016 from 6 in September. While business conditions remained at above the long-run average level of 5 (6 in October from 8 in a month earlier), both trading (11 from 17) and employment declined (0 from 1) and profitability was unchanged (7). Most industries saw a decline in conditions, although retail and transport were exceptions. Service industries remained the outperformers in trend terms, while mining and retail are trailing. "The recent moderation in some survey indicators is a concerning trend that warrants close monitoring, but our assessment is that the deterioration to date is not yet enough to warrant a significant change in the outlook," said NAB chief economist, Alan Oster. Business Confidence in Australia averaged 5.72 from 1997 until 2016, reaching an all time high of 20.00 in April of 2002 and a record low of -30.00 in October of 2008.

Australia Business Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-13 01:30 AM Aug 6 4 6
2016-10-11 12:30 AM Sep 6 6 6
2016-11-08 12:30 AM Oct 4 6 5
2016-12-13 12:30 AM Nov 4 6
2017-01-25 12:30 AM Dec
2017-02-09 12:30 AM Jan




Australia Business Last Previous Highest Lowest Unit
Business Confidence 4.00 6.00 20.00 -30.00 [+]
Manufacturing PMI 54.20 50.90 62.13 30.86 [+]
Services PMI 51.10 50.50 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 80.52 80.63 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 812.00 771.00 1123.00 217.00 Companies [+]
Corporate Profits 64174.00 63661.00 70570.00 12032.00 AUD Million [+]
Total Vehicle Sales 97940.00 100323.00 100323.00 48099.00 [+]
Car Production 11766.00 15055.00 39306.00 9227.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index 0.10 0.10 0.54 -1.07 percent [+]
Small Business Sentiment 1.90 5.38 18.71 -21.10 [+]
Steel Production 481.70 477.10 819.00 238.00 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 0.80 0.20 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 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.00 6.00 20.00 -30.00 1997 - 2016 Monthly
SA



Last
Albania 3.60 Sep/16
Angola -34.00 Jun/16
Armenia 51.00 Jun/16
Australia 4.00 Oct/16
Austria 0.50 Nov/16
Bangladesh 9.96 Dec/14
Belgium -1.80 Nov/16
Brazil 51.70 Nov/16
Bulgaria 14.30 Nov/16
Canada 59.70 Oct/16
Cape Verde 0.00 Sep/16
Chile 42.73 Oct/16
China 51.70 Nov/16
Colombia -5.50 Oct/16
Croatia 3.20 Nov/16
Cyprus 115.20 Nov/16
Czech Republic 97.50 Nov/16
Denmark -8.00 Nov/16
Ecuador 1168.40 Sep/16
Estonia 104.00 Oct/16
Euro Area 0.42 Nov/16
European Union 106.90 Oct/16
Finland -4.00 Nov/16
France 103.00 Nov/16
Georgia 25.00 Sep/16
Germany 110.40 Nov/16
Greece 92.40 Nov/16
Hong Kong 2.00 Dec/16
Hungary 2.80 Nov/16
India 57.20 Jun/16
Indonesia 107.89 Sep/16
Ireland 23.00 Sep/16
Israel 18.30 Oct/16
Italy 102.00 Nov/16
Japan 6.00 Sep/16
Kazakhstan 6.00 Sep/16
Latvia -6.00 Oct/16
Lithuania -8.30 Oct/16
Luxembourg 105.30 Nov/16
Macedonia 25.50 Oct/16
Malaysia 83.90 Sep/16
Maldives -21.00 Sep/16
Malta 114.60 Nov/16
Mauritius 93.00 Sep/16
Mexico 52.00 Nov/16
Mozambique 92.20 Sep/16
Netherlands 3.40 Nov/16
New Caledonia 79.90 Jun/16
New Zealand 20.50 Nov/16
Nigeria -24.10 Sep/16
Norway -5.00 Sep/16
Peru 61.00 Oct/16
Philippines 39.80 Dec/16
Poland -1.80 Nov/16
Portugal 1.20 Nov/16
Qatar 20.40 Mar/16
Romania 0.80 Nov/16
Russia -7.00 Nov/16
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 4.00 Sep/16
Slovakia -1.00 Nov/16
Slovenia 7.00 Nov/16
South Africa 38.00 Dec/16
South Korea 72.00 Nov/16
Spain 0.30 Nov/16
Sri Lanka 86.00 Jun/16
Sweden 107.20 Nov/16
Switzerland 102.20 Nov/16
Thailand 49.50 Nov/16
Turkey 103.70 Nov/16
Uganda 55.47 Oct/16
Ukraine 109.20 Sep/16
United Kingdom -8.00 Dec/16
United States 53.20 Nov/16