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Australia Business Confidence
Last Release
Aug 31, 2025
Actual
4
Units In
Points
Previous
8
Frequency
Monthly
Next Release
Oct 08, 2025
Time to Release
27 Days 0 Hours
Highest | Lowest | Average | Date Range | Source |
23 Apr 2021 | -66 Mar 2020 | 4.8 Points | 1997-2025 | National 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
Australia’s NAB Business Confidence Index fell to a three-month low of 4 in August 2025, down from an upwardly revised 8 in the prior month, which had been the highest since August 2022. Still, business conditions improved (7 vs 5 in July), aided by steady sales (at 12), stronger profitability (4 vs 2), and higher employment (6 vs 3). Forward orders edged up (1 vs 0), moving into positive territory for the first time in two years, while capacity utilization rose (83.1% vs 82.5%). Meanwhile, purchase costs rose at a quarterly pace of just 1.1%, the slowest since 2021. Retail price growth halved to 0.5%, while labor cost growth eased to 1.5% from 1.9%. NAB’s chief economist, Sally Auld, said regions and industries that had faced headwinds in recent years were showing improvement, boosting confidence that the broader economy is on a stronger trajectory in H2 of 2025. Cyclically sensitive sectors, including manufacturing and retail, also saw gains in both confidence and conditions.
Australia Business Confidence History
Last 12 readings