Business confidence weaker in February despite interest rate cut

Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Mar-15

A Roy Morgan Business Single Source survey has found that Australian business confidence fell by eight per cent to 105.7 in February 2015. Business confidence is now well below pre-election levels and 22.5 per cent lower than its peak of 136.3 in October 2013, immediately following the federal election. The decline in business confidence occurred across all components of the index, but it was mainly due to a deterioration in the outlook for the Australian economy over the next five years

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