Original article by Damon Kitney
The Australian – Page: 22 : 14-Jul-16
Some 33 per cent of CFOs at S&P/ASX 200 companies are confident about the future, according to a new Deloitte survey. This compares with just five per in the second half of 2015. The survey, which was carried out in the first half of 2016, also shows that 80 per cent of respondents think that uncertainty is a deterrent to business investment. Meanwhile, nearly 45 per cent of respondents believe that it is a good time to embrace balance sheet risk. New data from Roy Morgan Research also shows that there has been an upturn in business confidence.
CORPORATES
DELOITTE TOUCHE TOHMATSU LIMITED, ROY MORGAN RESEARCH LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, KPMG AUSTRALIA PTY LTD, STANDARD AND POOR’S ASX 200 INDEX, AGL ENERGY LIMITED – ASX AGL