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Australia Business Confidence

Last Release
Nov 2021
Actual
12 points
Forecast
N/A
Previous
20 points
Frequency
Monthly
Units In
points
Next Release
Feb 8, 2022
Time to Release
11 Days 22 Hours
Highest
Lowest
Average
Date Range
Source
23 points
Apr 2021
-65 points
Mar 2020
5.32 points1997 - 2021National Australia Bank
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.

Latest Updates

The NAB business confidence index in Australia sank to -12 in December 2021 from 12 a month earlier, falling below the level seen during the Delta wave. This was the first negative reading since August and the lowest print since July 2020, amid mounting fears over the rapid spread of the Omicron strain. Sentiment fell in all industries other than mining, with the largest drop in recreation, transport, and wholesale. Meantime, business conditions eased while staying above the long-run average, amid a sharp drop in employment (2 vs 11 in November), with sales (14 vs 14) and profitability holding up (10 vs 9). Conditions fell in wholesale, and finance, business & property. Capacity utilization was down to 80.6% from 83.2% in November, amid a fall in forward orders and a slight rise in capex. "The survey results are consistent with an economy that’s starting to slow, with some similarities to the data when NSW and Victoria were first entering lockdown,” said NAB Chief Economist Alan Oster.

Australia Business Confidence History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Jan 25, 202200:42Australia Business Mood Slumps in December
Dec 14, 202100:36Australia Business Confidence Eases
Nov 9, 202101:12Australia Business Mood Rises to 6-Month High
Oct 12, 202101:06Australia Business Morale Highest in 4 Months
Sep 14, 202102:31Australia Business Sentiment Rises in August
Aug 10, 202102:03Australia Business Sentiment Sinks
DATETIMEEVENTActual
Jan 25, 202200:30NAB Business Confidence-12
Dec 14, 202100:30NAB Business Confidence12
Nov 9, 202100:30NAB Business Confidence21
Oct 12, 202100:30NAB Business Confidence13
Sep 14, 202101:30NAB Business Confidence-5
Aug 10, 202101:30NAB Business Confidence-8
Jul 13, 202101:30NAB Business Confidence11

Australia business Indicators

All Australia indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Business Confidence
12
Nov 2021
20
Oct 2021
-65
Mar 2020
23
Apr 2021
pointsMonthly1997 - 2021
Business Inventories
-1.9
Sep 2021
0.3
Jun 2021
-2.9
Jun 2020
2.9
Mar 1999
%Quarterly1985 - 2021
Capacity Utilization
83.15
Nov 2021
81.47
Oct 2021
71.97
Apr 2020
85.26
Apr 2021
%Monthly1997 - 2021
Bankruptcies
435
Nov 2021
325
Oct 2021
192
Jan 2021
1,123
Feb 2012
CompaniesMonthly1999 - 2021
Car Registrations
14,496
Dec 2021
16,832
Nov 2021
3,990.94
Dec 1971
33,864
Jun 2019
Monthly1971 - 2021
Changes In Inventories
-3,532
Sep 2021
3,313
Jun 2021
-3,884
Dec 2008
4,265
Mar 2005
AUD MillionQuarterly1974 - 2021

Business Confidence across Pacific

Business Confidence global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Australia
12
Nov 2021
20
Oct 2021
-65
Mar 2020
23
Apr 2021
pointsMonthly1997 - 2021
New Caledonia
92.6
Mar 2021
84.8
Dec 2020
81.5
Mar 2016
107.3
Dec 2009
pointsQuarterly2009 - 2021
New Zealand
-23.2
Dec 2021
-16.4
Nov 2021
-76.4
Dec 1974
80.9
Feb 1994
%Monthly1970 - 2021

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