I’m skeptical of such surveys but on a slow news day…
…the American Express-CFO Research Global Business and Spending Monitor — found two thirds of Australian chief financial officers expect their company’s spending and investment to be either moderate or tightly controlled in the next 12 months.
The survey is of 507 CFO’s worldwide, 30 of whom are in Australia. It accords with my view anyway!
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
