Roy Morgan: Q1 business confidence lowest since 2011

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By Leith van Onselen

Last week’s NAB Business Survey revealed crashing business confidence and conditions, with broad weakness across the sub-indices:

Now Roy Morgan Research has released its Business Confidence Survey for March, which reveals that confidence over the March quarter was the lowest since 2011:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.