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Mood of the business nation: PricewaterhouseCoopers calls it ‘cautious optimism’

PricewaterhouseCoopers’ characterisation of the Australian economy is based on a survey of 300 private businesses. It still gives a positive spin, saying businesses feel “that now might be the time to finally throw off uncertainty and take the plunge to drive opportunity and growth.”

Business confidence, investment outlook hit lows. But why do companies still want to hire...

Two separate surveys suggest Australian business confidence is at a 30-month low and the outlook for capital investment is at an 18-month low. So why are Australian businesses gearing up to hire ever more employees? It’s a head-scratcher, for sure.

Why retailers just can’t wait for Christmas!

The retail sector's sales expectations index is 12 points above the national average. This result comes off the back of a June quarter that was stronger than expected. Basically, if the rest of the country is smiling, the retailers are smiling 12 inches wider!

Larger companies take the longest to pay their bills. And if you want to...

Two-thirds of Australian businesses are taking longer than the usual 30 day period to pay their bills, says the latest Dun & Bradstreet Trade Payment Analysis report. On average, Australian businesses are taking 53.4 days to make their payments.

Business failures increase 23% in 2010, but entrepreneurs undeterred

A new report by analysts Dun & Bradstreet has found a 23% increase in business failure in 2010. The relative strength of the Australian economy was no match for rising costs and delayed payments, with many businesses folding despite Australia's success weathering the global financial crisis, in comparison to other nations.

Aussie businesses in for a cash-strapped 2011, says D&B

Australian firms took, on average, 51.2 days to settle accounts in Q4 – well above the standard 30 day payment term. Some industries were found to be tardier than others. The electric, gas and sanitary services sector took 60.8 days to settle its accounts in Q4 - more than twice the standard 30 days. The services sector was best in group, settling accounts in just 50.7 days. State by state, Western Australia was the quickest, on average, while the ACT was the slowest.

Other parts of Australia’s economy shoring up sagging retail sector, Dun & Bradstreet survey...

Dun & Bradstreet's survey of business expectations says Australia's economy is leaning heavily on business-to-business trade and to commerce with the emerging Asian markets to shore up the domestic market, which still is waiting for consumers to start spending again.

Strong business confidence means sunny December for Australian businesses, says D&B (hold the barramundi)

If only confidence was a tangible commodity, like coal or iPhones or barramundi. Because Australian businesses appear to be investing heavily in it. Confidence about sales, profits and capital investment are heady and strong for the final quarter of 2010, according to Dun & Bradstreet's latest National Business Expectations Survey. This could indicate a sunny December for Australian business.

Australian companies’ payment behaviour reveals unnerving pattern: Is our economy really recovering?

According to the latest trade payments analysis by Dun & Bradstreet (D&B), the payment terms of Australian firms have risen for the third consecutive quarter.

Australian companies' payment behaviour reveals unnerving pattern: Is our economy really recovering?

According to the latest trade payments analysis by Dun & Bradstreet (D&B), the payment terms of Australian firms have risen for the third consecutive quarter.

Are your customers taking over 50 days to pay you? According to D&B, that’s...

According to Dun & Bradstreet's (D&B) latest trade payments analysis, the payment terms of Australian firms have declined for the second consecutive quarter. A fall of three days since the previous quarter and 5.6 days in the past six months has reduced terms to 51.8 days – just above pre-crisis levels.

Are your customers taking over 50 days to pay you? According to D&B, that's...

According to Dun & Bradstreet's (D&B) latest trade payments analysis, the payment terms of Australian firms have declined for the second consecutive quarter. A fall of three days since the previous quarter and 5.6 days in the past six months has reduced terms to 51.8 days – just above pre-crisis levels.

Things looking up for Australian businesses

Australian businesses are cautiously optimistic that overall business conditions will improve through the rest of 2009 according to the latest D&B National Business Expectations Survey released today.

Survey: Executive expectations reveal no silver lining

It certainly isn't new news anymore that these are trying economic times, but that hasn't discouraged the large business analysis firms from gauging, on...

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