June Quarter Analysis 2018 | Final Report
Business upbeat on sales, profits
Business conditions are buoyant amid strong performances in sales, profits and employment, as revealed in illion’s latest Business Expectations Survey. The illion Business Expectations index hit 23.7 points in March, up 16.4 percent on the same period a year earlier and the highest level since 2015.
- Profit actuals highest in 5 years
- Capital Investment expectations up 8.6% on Q2
- Services expectations hit 3-year high
- Skilled labour shortage affects 1 in 4 construction businesses