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Australia company director’ sentiment soars on economic outlook
The Australian Institute of Company Director’s (AICD) latest Director Sentiment Index (DSI) has revealed that sentiment is at its highest point in three years. Sentiment has climbed more than 45 points since September last year to positive 7.2.
More than 1,500 directors were surveyed for the first DSI of 2021, which was compiled by research firm IPSOS.
While the overall outlook from directors is positive, COVID-19 remains the main economic challenge currently facing Australian business, with 41 per cent listing the pandemic as a key challenge, followed by global economic uncertainty and climate change.