Roy Morgan Business Confidence increased 2.1pts to 90.7 in March despite the outbreak of conflict in the Middle East

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Apr-26

In March 2026, Roy Morgan Business Confidence rose 2.1pts to 90.7, recovering slightly from its lowest level since 2024. The small increase in March came after large consecutive falls in January (down 7.6 points) and February (down 8.8 points), and the index remains well below the neutral level of 100. Business Confidence is now 18.8pts below the long-term average of 109.5, and down 15.3 points from a year ago. Now 25.3% (up 0.6ppts) of respondents say their business is ‘better off’ financially than a year ago, while 38.1% (down 3.2ppts) say the business is ‘worse off’. Just 35.6% (down 1.6ppts) of respondents expect the business to be ‘better off’ financially this time next year, while 21.2% (down 3.6ppts) expect the business to be ‘worse off’. Meanwhile, 31.6% (down 2.2ppts) of respondents say the next 12 months will be a ‘good time to invest’ in growing the business (a record low figure for this indicator), while 43.1% (up 2.1ppts) say the next 12 months will be a ‘bad time to invest’.

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