Australia: Business confidence survey

* indicates monthly or quarterly data series
 Australia

Business confidence survey

 Latest value 1
 Reference January 2024
 Measure points
 Data availability April 2014 - January 2024
 Average 3.44
 Min - Max -65 - 24
 Source Reserve Bank of Australia
For that indicator, we provide data for Australia from April 2014 to January 2024. The average value for Australia during that period was 3.44 points with a minimum of -65 points in March 2020 and a maximum of 24 points in April 2021. Click on the following link to see the values of Business confidence survey around the world.
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* indicates monthly or quarterly data series


Recent values chart
Australia - Business confidence survey - recent values

Historical chart
Australia - Business confidence survey - historical chart - 2014-2024
Measure: points
Source: Reserve Bank of Australia


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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.

 Related indicators Latest value Reference Measure
 Industrial production 0.00 Q3/2023 percent
 Retail sales Y-on-Y -1.69 Q3/2023 percent
 House price index 180.90 Q3/2023 index point
 Real residential property prices Y-on-Y change -3.05 Q3/2023 percent
 Business confidence survey 0.00 9/2023 points
 Consumer confidence survey -20.30 9/2023 points
 Purchasing Managers Index (PMI), composite 51.50 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 48.70 9/2023 index points
 Purchasing Managers Index (PMI), services 51.80 9/2023 index points
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