What is the survey about?
The Survey of Business Expectations is a quarterly survey which highlights the South Australian business community’s view of current and future economic conditions. In partnership with advisory firm
William Buck, the results are analysed, deciphered and published in our quarterly joint publication, Business Now.. These results inform Business SA policy and advocacy work and provide a robust indicator to government and other stakeholders of the business environment in South Australia. You can view all the past results
here.
September Quarter Results
General business conditions have shifted back into positive territory and are catching up to confidence in the September quarter Business SA – William Buck Survey of Business Expectations, rising a considerable 11.1 points since the June quarter to 103.6.
While confidence dipped slightly to 114.2 points, businesses are still very positive about the state’s economy, up 29.1 points since September last year, and up 16.7 points over the decade.
Insights: Jamie McKeough, Managing Director, William Buck
“Businesses are more optimistic about the coming quarter than how they trended in the September quarter, which is a very positive sign for our state’s economy".
Mr McKeough said it was also positive to see that more than 57 per cent of businesses were seeking to grow, rather than simply maintain market status or simply survive.
“We know that 22 per cent are planning to hand their business to the next generation within five years, and 19 per cent want to sell. Given that’s very few, those that want to grow by merging or acquiring new businesses will have to be proactive to find those potential future gems,”
Business SA Survey of Business Expectations, powered by
Read the report below