Roy Morgan Research has released its Business Confidence Survey for February, which reveals that confidence has crashed to its lowest level since August 2015 and recorded the worst start to the year in history:
Roy Morgan Business Confidence was virtually unchanged at 105.6 (down 0.3pts) in February. However, the consecutive ratings under 110 are the weakest start to a year in the history of the Index dating back to 2011 and follow a slowing of the Australian economy to a GDP growth rate of only 0.2% during the December quarter 2018, the slowest quarterly growth since 2016.
