The ABS has released its Business Indicators, Business Impacts of COVID-19 survey for November, which shows widespread improvement in confidence and revenues:
Almost a quarter (24 per cent) of businesses reported an increase in their monthly revenue in November compared to 16 per cent in October, according to results released from the Australian Bureau of Statistics (ABS) today.
ABS Head of Industry Statistics John Shepherd said the latest Business Impacts of COVID-19 Survey showed signs of increasing confidence among businesses.
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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.
