22 Results

There’s been a dramatic shift in sentiment among Australia’s chief executives that puts what’s going on in Canberra today into sharp relief. Skills shortages have come back into sharp focus.

In its latest Budget Monitor, Access says that while commodity revenues will benefit the bottom line in the short term by a total of $6 billion, outstripping Treasury’s predictions, things could turn sour as prices inevitably tail off towards the middle of the decade. Crikey asked for a consensus.

As was probably expected, Australian business confidence fell sharply in May, down for a third successive month while business conditions were mixed to weaker.

Another strong month for business confidence and conditions has seen NAB boost its growth forecasts and lower its expected unemployment peak.

Buried in yesterday’s very upbeat business confidence and conditions survey from the National Australia Bank was a surprisingly negative forecast on house prices for 2010.

Is it time to take the foot off the stimulus pedal? Today’s NAB business survey reveals what it calls the “remarkable ongoing strength” in business confidence and there’s been a rapid rise in business conditions.

The recent strong surge in business confidence has ended with the National Australia Bank reporting a small dip in the September reading today.

All the negative talk of the economic slowdown has been temporarily silenced by another sharp improvement in business confidence, according to the latest NAB business survey.

Enjoy the return to the good times, because according to the NAB, conditions could very well turn down again later this year and into 2010.

Business confidence is riding high thanks to a free-spending federal budget, booming growth, the stockmarket and commodity rally.

Wall Street’s temporary bounce has been smothered in a torrent of bad news overnight from the US, writes Glenn Dyer.

The latest business confidence figures suggest a case of easy come, easy go for the Australian economy, writes Glenn Dyer.

In Europe is now becoming slowly clear that the recession is much deeper serious than first thought, writes Glenn Dyer.

We are seeing an economy where business and consumers are starting to take divergent views, writes Glenn Dyer.

The latest business confidence figures come as the Australian economy continues its contraction — and there could be worse to come, writes Glenn Dyer.

Corporate confidence in the future of the economy has again fallen, according to the latest Business Confidence Survey from the NAB, reports Glenn Dyer.

The Reserve Bank and some of the more hawkish business economists and commentators might rue the day they weighed into the Australian economy with a club, writes Glenn Dyer.

Naughty Australian shoppers kept their wallets open in December and spent up big for the festive season, writes Glenn Dyer.

Wall Street recovered overnight, following the Australian market’s relatively strong performance yesterday. Perhaps this will come to be seen as a small correction, with no need for the shoal of local economists to switch directions on interest rates (again) like a shoal of sardines sensing a predator.