Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Rates still a concern to businesses

Staff Reporter 1 minute read

Australian executives are bracing for tough business conditions moving into the new year, according to Dun & Bradstreet’s latest Business Expectations Survey.

Interest rates remained the highest concern for executives in spite of the recent easing in monetary policy.

48 per cent indicated that rates would be their primary concern in the coming quarter, an increase of six per cent since the last survey.

The survey, released today, also showed that 48 per cent of firms anticipated declining sales in the first quarter of 2009 while 51 per cent had the same expectations for profits.

Despite an improvement of three per cent, 18 per cent of executives also expected to have fewer staff in the quarter ahead than they did a year ago.

Advertisement
Advertisement

Published: 04-11-08

Today's other news

Rates still a concern to businesses
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
court gavel ta Court rules against bank for ‘unfair’ loan terms

The Federal Court has declared a number of loan contracts entered...

APRA RBA ta RBA, APRA sing different tune on serviceability buffers

APRA chair Wayne Byres has dismissed the need for a cut to the bu...

loanapplication Remodelled FHB scheme cops backlash

From 1 July, all applications for the FHLDS will require a Notice...

FROM THE WEB