Business conditions at a 20 year high | News You Can Use

Business conditions at a 20 year high | News You Can Use


– [Narrator] Did you know business conditions and
confidence are on the rise? Which is great news. The NAB Small and Medium
Enterprises Business Survey shows conditions
recovered from a small dip in the second quarter, now sitting at nine index points which is a 20-year high. Business confidence has also bounced back but size does matter at least when it comes to these results. Businesses with a turnover
of five million dollars or more reported improvements
across the board. Small business though
is still doing it tough reporting signs of financial loss. They’re also finding it difficult
to employ suitable staff. When it comes to
state-by-state variations, Victorian small businesses have been the strongest performers. To read the full report,
go to nab.com.au/insights. (upbeat music)

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About the Author: Oren Garnes

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