Tag Archives: businessconfidence

Economic update and interest rate discussion at Brisbane Club next Wednesday

Posted on February 17, 2022 by Gene Tunny

Australian Treasury Secretary Steven Kennedy nicely summarised the economic outlook in his Opening statement to the Parliament’s Economics Legislation Committee yesterday: Nonetheless, while the disruption caused by Omicron has been significant, its overall economic impact is likely to be less … Continue reading →

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Threat of rolling lockdowns and longer border closures damaging business confidence

Posted on September 3, 2021 by Gene Tunny

It’s no wonder many in the Queensland business community are anxious and desperate, as the Courier-Mail is reporting, given the Premier’s apparent abandonment of the national plan on reopening the economy (see Queensland business suffering mental and financial health crisis … Continue reading →

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All going down together

Posted on August 13, 2021 by Gene Tunny

What an awful month it’s been so far. For the first time in 12 months, the Gold Coast airport had no flights one day earlier this week, as reported by the Courier-Mail. Businesses across the country are pleading for help. … Continue reading →

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Qld and WA leading Australia in business conditions, based on NAB Survey

Posted on May 11, 2021 by Gene Tunny

It’s federal budget day and, at this stage, I’m due to appear on Steve Austin’s 612 ABC Brisbane Drive program after 6pm to talk about how the federal budget is developed, so please tune in if you’re interested. Tonight we’ll … Continue reading →

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Suncorp-CCIQ Pulse Survey confirms decline in business confidence

Posted on February 4, 2019 by Gene Tunny

In my wrap up of last week (see my previous post) I noted that I expected the latest Suncorp-CCIQ Pulse Survey would be discouraging and would counter the optimism of Deloitte Access Economics’s recent business outlook which was cited approvingly … Continue reading →

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Qld small businesses not as optimistic as those in NSW and Victoria

Posted on April 7, 2016 by Gene Tunny

Queensland’s lacklustre economy is reflected in our small and medium businesses remaining less optimistic than those nationwide, particularly in NSW, Victoria, Tasmania and the ACT, according to the latest Sensis survey of small and medium businesses, those businesses with fewer … Continue reading →

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Queensland businesses remain pessimistic on average

Posted on November 9, 2015 by Gene Tunny

Queensland businesses remain a relatively pessimistic bunch, based on the latest data from the Westpac-CCIQ Pulse Survey, which I have previously argued is the most reliable data on business confidence in Queensland (see my post from June). CCIQ’s media release … Continue reading →

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Business confidence in Queensland – the most reliable estimate (Westpac-CCIQ) is the most worrying

Posted on June 1, 2015 by Gene Tunny

There is currently a large disparity among business confidence survey results for Queensland. The Sensis and Westpac Group-CCIQ reports for the March quarter suggest business confidence is relatively low, but the NAB report for the month of April, which the … Continue reading →

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Qld Budget needs to reflect challenging conditions – asset sales good option to cut debt

Posted on May 29, 2014 by Gene Tunny

The March quarter private capital spending figures released today by the ABS confirm that Treasury was right to make conservative, sub-par growth forecasts in developing the Federal Budget. Queensland Treasury will have to do the same in the Queensland Budget, … Continue reading →

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Consumers and businesses lacking confidence – growth may be even more sub-par

Posted on May 21, 2014 by Gene Tunny

Yesterday’s ANZ-Roy Morgan Consumer Confidence figures show a slump in consumer sentiment, possibly caused by last week’s Federal Budget (see MacroBusiness’s story The epic crash in consumer confidence). The ANZ-Roy Morgan media release notes: ANZ-Roy Morgan Consumer Confidence fell a further … Continue reading →

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