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Business confidence collapsed in May amid rate rise, election

Business confidence collapsed in May amid rate rise, election
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Roy Morgan Business Confidence fell 12 8pts to 100 2 in May as Australians faced a pivotal Federal Election

In May 2022 Roy Morgan Business Confidence fell by 12.8pts (-11.3%) to 100.2. The sharp fall in May came as Australians geared up for a pivotal election on Saturday May 21 – won by the Anthony Albanese-led ALP for the party’s fourth victory from Opposition since World War II.

Roy Morgan business confidence bounces back strong

Roy Morgan business confidence bounces back strong
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Roy Morgan Business Confidence jumped 7 2pts to 120 2 in December – up strongly in NSW, Victoria and Queensland – before the full impact of the Omicron variant hit

In December 2021 Roy Morgan Business Confidence increased 7.2pts (+6.4%) to 120.2. The increase came as the country opened up with border closures ending in Queensland, Tasmania and the Northern Territory during the month in the lead-up to Christmas.

Roy Morgan Business Confidence jumps by 10 7pts (+10 2%) to 115 3 in October as lockdowns end in Sydney and Melbourne

This month, October 2021, Roy Morgan Business Confidence increased 10.7pts (+10.2%) to 115.3. This is the biggest increase in Business Confidence so far during 2021 and comes as long-running lockdowns have ended in Greater Sydney, Greater Melbourne and the ACT. Business Confidence is a significant 16.6pts (+16.8%) higher than a year ago in October 2020 (98.7).

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