Australian Economy

Roy Morgan business confidence plunges to four year low

Leith van Onselen
Monday 6 May 2019
Advertisement

By Leith van Onselen

Roy Morgan Research has released its Business Confidence Survey for April, which reveals that confidence has plunged to a four year low:

Roy Morgan Business Confidence dipped 3.8pts to a near four-year low of 102.9 in April after Treasurer Josh Frydenberg delivered the Federal Budget a month earlier than usual to allow for this month’s Federal Election being held on May 18…

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
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.