Business Confidence Rise for Xmas

Business Confidence Rise for Xmas

Following three months of election uncertainty business confidence rose in the final 2014 quarter.

Confidence overall is down on the highs of the early part of the year with a net 42 per cent of businesses optimistic that business conditions will improve.

A concern for business is that more than 30% per cent of those seeking to employ skilled people are having difficulty finding suitable employees. This is a constraint for their growth and will constrain the Northern region’s ability to grow.

Other survey results:

• 20% of employers expect employee numbers to be up

• Costs expected to hold

• Selling prices expected to be up

• Profitability is holding

• Export intentions up.

ENDS

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