Local: Thu
Sydney: Thu
Select Destination
Location Time Temp
Sydney Thu13°
Melbourne Thu11°
Brisbane Thu20°
Perth Thu12°
Adelaide Thu
Hobart Thu10°
Canberra Thu
Darwin Thu28°


Get our help FREE advice or find service providers with our bookJobs Now

Confidence high in Australia firms

13 November 2015 by News Desk

business02Business conditions in Australia remain favourable and trading confidence is running at a 5-year high.

Five of the eight major industry groups are reporting continued growth with service industries currently outperforming all other sectors. Tourism and healthcare are also showing growth.

Business conditions are currently strongest in Queensland with New South Wales and Victoria running a close second and third, according to the latest National Australia Bank Business Survey.

The NAB business conditions index was unchanged at +8.9 points in October while the five-year average remains at +7.0.

A majority of industries in Australia improved in October, but recreation, personal services and construction have seen an easing in growth and sentiment.

We use cookies on Thinking Australia

This website uses cookies to ensure you get the best experience on our website. Please confirm permission to use cookies.
Cookie Policy Privacy policy