Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Aug-16

Roy Morgan Research’s Business Confidence fell 2.8% to 116.1 in July 2016 following the inconclusive Australian Federal Election at the start of July. The fall in Business Confidence comes despite an upward trend on the Australian sharemarket in July – the All Ordinaries closed the end of July at 5,644 (up 6.3% (or 334pts) from June 30, 5310). This was the highest close for exactly a year since July 31, 2015 (5,681). The fall in Business Confidence in July means Business Confidence has dipped just below the 6yr average of 116.7.

CORPORATES
ROY MORGAN RESEARCH LIMITED