· 

Business Confidence Falls

HR Quarterly Index Reports Are In..

Australia

Small to medium businesses are certainly struggling with their confidence levels, with a sharp drop after last quarters high level.

The uncertainty of the election
played havoc with the perceived inability to finance capital projects reflecting the wider market, not just for SME's. It's certainly not all bad with expectations for the current quarter being far more positive, especially in relation to sales and profitability!

 

Within the top 3 issues, the main barrier and key issue to taking on staff returns as the lack of work and sales for the small to medium business sector.


New Zealand

For the New Zealand Market, Business Confidence returned to that status quo for the third quarter. Showing that confidence levels rising in December 2018 were an abnormality rather than a righting of the ship.

Unemployment expectations kicked significantly due the seasonal nature of New Zealand's employment, although this is still more significant than normal. The current rate of unemployment does not match these expectations, with a current unemployment rate of just 4.20%.

The reduction in the financing ability may have substantial impacts in the future as capital projects reduce due to the funding squeeze.


To read more and get your own copy of the March 2019 HR Quarterly Index Reports click below to download.

 

Australian Quarterly Index Report - March 2019

 

New Zealand Quarterly Index Report - March 2019

Write a comment

Comments: 0

About Us

HR Coach Australasia is a national professional services group of over 130 Network Members committed to creating value by improving the alignment of people with their business strategies.  The group has a strong and established reputation that is built on a history of understanding, objectivity and practicality.  Our clients are organisations of all sizes, operating in most geographic locations in Australasia from all industries.

 

Share with your Friends!

 

HR Coach Australasia

Suite 4/ 236 Arthur Street

Newstead, Brisbane

QLD, 4006

Tel: 1300 550 674

Email: business@hrcoach.com.au