Australian Business Confidence On a High
Australian Business Confidence On a High

With Australian businesses reporting an upward trend in sales, profits and capital investment, the confidence levels of Australian executives are continuing to boost for 2010.

The capital investment and sales index have both touched their record breaking levels in six years and the profits index its highest point in five years.

The latest findings from the credit agency Dun & Bradstreet reveals businesses plans to recruit more staff in the June quarter.

The figures for June quarter outline a dramatic turnaround in the expectations of Australian business as compared to the troublesome June 2009.

The expected sales index registered a rise of five points to 33 exceeding the strong positive level of the two previous quarters. The sales index is now the highest level in six years and is up 81 points on the trough of the June quarter 2009.

In addition, Australian firms' outlook for profits expectations has also continued to pose an upward trend - the index of 18 for June quarter 2010 is the highest level in five years.

Latest News

Father Shoots Girl’s Laptop, Posts Video on Youtube
Apple Begins Inspection
Researchers Blame Technological Advancements For Kids’ Poor Sleeping Pattern
The Google Motorola Deal Approved By US and EU
Replace Sugary Drinks with Water to Lose Weight
NASA Scientists Develop New Space Testbed
Scientists Expecting Life at Icy Dark and Cold Regions
Mysteries Behind Milky Way Galaxy To Be Unveiled
Scientific Equation behind the Shape of Ponytail Unveiled
Cooma People Encouraged To Donate Blood
Knox Receives Less Dental Care Funding
Massive Fight in Sydney Club