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

The NAB Business confidence index in Australia rose to 5 in November of 2016 from 4 in October, suggesting a fairly muted response to the US election result. But while confidence has been relatively resilient, it was not at levels conducive of higher levels of investment activity, according to NAB chief economist, Alan Oster. The largest rise in business confidence came from mining (+ 9) while transport (-12) saw the biggest improvement – coinciding with the recent OPEC agreements. Meanwhile, the index for business conditions dropped to 5 for the first time since April 2015 (from 7 in the prior month), as trading (10 from 11) and profitability 5 from 7) fell while, employment were steady at already subdued levels (1). "We are becoming increasingly concerned about the underlying momentum in the economy as evidence mounts that the non-mining economy is losing steam," said Oster. Business Confidence in Australia averaged 5.72 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.

Australia Business Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 5 4 3
2017-01-31 12:30 AM Dec 5 4.90
2017-02-09 12:30 AM Jan 4.90
2017-03-08 12:30 AM Feb 5.09




Australia Business Last Previous Highest Lowest Unit
Business Confidence 5.00 4.00 20.00 -30.00 [+]
Manufacturing PMI 55.40 54.20 62.13 30.86 [+]
Services PMI 57.70 51.10 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 81.32 80.52 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 97305.00 96977.00 99924.00 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 0.10 0.54 -1.07 percent [+]
Small Business Sentiment 1.90 5.38 18.71 -21.10 [+]
Steel Production 458.35 481.70 819.00 238.00 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 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.00 20.00 -30.00 1997 - 2016 Monthly
SA



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Albania -0.10 Dec/16
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Armenia 51.00 Jun/16
Australia 5.00 Nov/16
Austria -1.80 Dec/16
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Bulgaria 17.20 Dec/16
Canada 60.80 Dec/16
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Ireland 16.00 Dec/16
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Italy 103.50 Dec/16
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Malta 115.50 Dec/16
Mauritius 93.00 Sep/16
Mexico 51.80 Dec/16
Mozambique 90.20 Nov/16
Netherlands 4.70 Dec/16
New Caledonia 79.90 Jun/16
New Zealand 21.70 Dec/16
Nigeria -29.00 Dec/16
Norway -5.00 Sep/16
Peru 61.00 Oct/16
Philippines 39.80 Dec/16
Poland -2.60 Dec/16
Portugal 1.20 Dec/16
Qatar 20.40 Jun/16
Romania 1.00 Dec/16
Russia -8.00 Dec/16
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 4.00 Sep/16
Slovakia 4.70 Dec/16
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South Africa 38.00 Dec/16
South Korea 72.00 Dec/16
Spain -2.80 Dec/16
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Sweden 111.60 Dec/16
Switzerland 102.20 Dec/16
Thailand 50.30 Dec/16
Turkey 98.40 Dec/16
Uganda 53.95 Dec/16
Ukraine 108.70 Dec/16
United Kingdom -8.00 Dec/16
United States 54.70 Dec/16