Business sentiment for the December quarter looks bleak according to the latest Dun & Bradstreet National Business Expectations Survey released today.
Business executives expect a steep decline in sales, profit and employment growth for the last quarter of 08.
Sales and profits are expected to fall by 44 and 49 per cent respectively while a 17 year low of 23 per cent expects to have fewer staff.
Christine Christian, Dun & Bradstreet’s CEO said Australian businesses were facing “some very real challenges” although she pointed out that they were still in much better shape than those in other countries.
Today's other news
If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.
It is “unacceptable” that turnaround times in branches can be...
The aggregator has partnered with former Time Home Loans director...
Roughly one-third of Australian farmers expect to increase their ...