Roy Morgan Business Confidence virtually unchanged at 101.7 after the RBA leaves interest rates at 3.6%

Original article by Roy Morgan
Market Research Update – Page: Online : 12-Nov-25

In October 2025, Roy Morgan Business Confidence was virtually unchanged at 101.7. The result followed the Reserve Bank’s decision to leave interest rates unchanged in late September at 3.6%. Business Confidence is now 8.2pts below the long-term average of 109.9, and down 5pts from October 2024. Now 30.6% (down 2.8ppts) of businesses says their business is ‘better off’ financially than this time a year ago, while 34.1% (down 0.5ppts) say the business is ‘worse off’. Meanwhile, 42.2% (up 2.6ppts) of respondents expect the business will be ‘better off’ financially this time next year, while 22.3% (up 2.3ppts) expect the business will be ‘worse off’. Some 37.4% (down 1.9ppts) respondents say the next 12 months will be a ‘good time to invest’ in growing the business, while 34.9% (up 5.4ppts) say it will be a ‘bad time to invest’.

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