September Quarter Analysis 2018 | Interim Report
Sales and profits outlook weighs on index
Business confidence is beginning to lose steam, as the latest Business Expectations survey shows a mixed landscape across sectors and business priorities. While hiring and capital investment planning remain high, forecasts for sales and profits have edged lower after a strong start to the year.
- Employment outlook solid
- sales and profits expectations down
- 69% of businesses unmoved by proposed tax cuts
- Actual Capital Investment up 136.5%