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Roy Morgan Business Confidence plunges by 11.1pts (-8.7%) to 117.2 after Sydney, Melbourne and Adelaide placed in lockdowns

Roy Morgan Business Confidence plunges by 11.1pts (-8.7%) to 117.2 after Sydney, Melbourne and Adelaide placed in lockdowns
roymorgan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from roymorgan.com Daily Mail and Mail on Sunday newspapers.

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Roy Morgan Business Confidence down only slightly in June to 128.3; but new COVID-19 restrictions a clear threat to the recovery

Country:
Australia
Source: Roy Morgan Business Single Source, Dec 2010-June 2021. Average monthly sample over the last 12 months = 1,321.
This month, June 2021, Roy Morgan Business Confidence is down 1pt (-0.8%) to 128.3. Despite the fall Business Confidence is a massive 33.3pts (+35.1%) higher than a year ago in June 2020 (95.0). The Business Confidence result for June is based on interviewing conducted before the Sydney-wide lockdown and the latest restrictions introduced in several States announced over the weekend.
Business Confidence in June 2021 was 14.4pts above the long-term average of 113.9 with nearly two-thirds of businesses, 64.8%, expecting ‘good times’ for the Australian economy over the next 12 months and a clear majority of 58.4% saying the next 12 months is a ‘good time to invest in growing the business’. ....

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Roy Morgan Business Confidence hits 7-year high of 125.3 in April – up 48.4 pts (+62.9%) on a year ago

Country:
Australia
Source: Roy Morgan Business Single Source, Dec 2010-Apr 2021. Average monthly sample over the last 12 months = 1,353.
In April 2021 Roy Morgan Business Confidence increased 1.3pts (+1.0%) to 125.3. This is the highest level of Business Confidence in Australia for over seven years since January 2014 (131.5). Business Confidence has increased a massive 48.4pts (+62.9%) on its level of a year ago in April 2020 (76.9).
Business Confidence is now 11.6pts above the long-term average of 113.7 and nearly two-thirds, 65%, expect ‘good times’ for the Australian economy over the next 12 months and an increasing majority of 59.5% of businesses said the next 12 months is a ‘good time to invest in growing the business’. ....

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Australian workforce hits a record high in February as employment and unemployment both increase

Roy Morgan Research
Australian workforce hits a record high in February as employment and unemployment both increase
Note: Roy Morgan unemployment estimates are actual data while the ABS estimates are seasonally adjusted.
Latest Roy Morgan employment series data shows 1.93 million Australians unemployed in February (up 250,000 on January) but under-employment was down 300,000 to 1.14 million.
Over 12.7 million Australians were employed in February – the highest since early March:
12,703,000 Australians were employed, up 28,000 from January driven by an increase in full-time employment, up 125,000 to 8,322,000. Part-time employment was down 97,000 to 4,381,000.
Unemployment increased in February as Australians began looking for work:
1,930,000 Australians were unemployed (
13.2% of the workforce), up 250,000 from January. There were more people looking for full-ti ....

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Roy Morgan Business Confidence up 0.3pts to 120.8 in February – Majority of businesses say the next 12 months is a 'good time to invest'

Roy Morgan Research
Roy Morgan Business Confidence up 0.3pts to 120.8 in February â Majority of businesses say next 12 months is a âgood time to investâ
Country:
Australia
Source: Roy Morgan Business Single Source, Dec 2010-Feb 2021. Average monthly sample over the last 12 months = 1,306.
In February 2021 Roy Morgan Business Confidence increased 0.3pts (+0.2%) to 120.8. Business Confidence has now averaged 121.5 over the last three months, its highest three-month average since January – March 2014 (123.1). Business Confidence is now 7.3pts above the long-term average of 113.5.
The good news is that an increasing majority of 55.5% of businesses said the next 12 months is a ‘good time to invest in growing the business’ and even more, 60.6%, expect ‘good times’ for the Australian e ....

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