Original article by Roy Morgan Research
Market Research Update – Page: Online : 6-Dec-16

Roy Morgan Research’s Business Confidence rose 0.4% to 116.7 in November 2016. The small rise in Business Confidence occurred as the Australian All Ordinaries ended November at 5,502.4 (up 100.0pts from October 31). This month’s small rise in Business Confidence means Business Confidence is now just above the 6-year average (116.6) and above the current ANZ-Roy Morgan Consumer Confidence rating of 115.4. Businesses are increasingly confident about their prospects over the year ahead, with net expectations of business performance over the next 12 months up 10.3ppts to 30.3pts in November and net views of whether the next 12 months will be a "good/bad time to invest" now 20.5pts (up 2.3ppts).

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