Small Business Sentiment in Australia decreased to -11.56 in the third quarter of 2020 from -9.68 in the second quarter of 2020. source: National Australia Bank

Small Business Sentiment in Australia averaged 0.66 from 2006 until 2020, reaching an all time high of 18.52 in the first quarter of 2007 and a record low of -21.19 in the fourth quarter of 2008. This page provides the latest reported value for - Australia Small Business Sentiment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Small Business Sentiment - values, historical data and charts - was last updated on January of 2021.

Small Business Sentiment in Australia is expected to be -5.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Small Business Sentiment in Australia to stand at 1.00 in 12 months time. In the long-term, the Australia Small Business Sentiment is projected to trend around 1.00 in 2021 and 2.00 in 2022, according to our econometric models.

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Australia Small Business Sentiment

Actual Previous Highest Lowest Dates Unit Frequency
-11.56 -9.68 18.52 -21.19 2006 - 2020 Quarterly
SA

Australia Business Last Previous Highest Lowest Unit
Business Confidence 12.00 3.00 21.00 -66.00 points [+]
Services PMI 52.90 51.40 63.00 27.10 points [+]
Manufacturing PMI 52.10 56.30 62.50 29.47 points [+]
Industrial Production -2.30 2.80 12.70 -7.70 percent [+]
Industrial Production Mom -3.30 0.20 5.20 -7.10 percent [+]
Manufacturing Production -6.20 2.70 8.60 -11.70 percent [+]
Capacity Utilization 79.32 77.93 84.63 71.90 percent [+]
New Orders 60.00 -10.00 60.00 -37.00 points [+]
Changes in Inventories -135.00 -3830.00 4499.00 -4016.00 AUD Million [+]
Bankruptcies 306.00 279.00 1123.00 217.00 Companies [+]
Corporate Profits 117394.00 113730.00 117394.00 12032.00 AUD Million [+]
Total Vehicle Sales 95652.00 92205.00 130300.00 38926.00 [+]
Car Registrations 14504.15 14330.43 14504.15 3990.94 Thousand [+]
Leading Economic Index 0.50 0.30 0.54 -1.74 percent [+]
Small Business Sentiment -11.56 -9.68 18.52 -21.19 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment -3.00 -7.10 15.70 -8.60 percent [+]
Mining Production 1.20 5.10 25.40 -16.80 percent [+]
Industrial Sentiment 55.70 55.80 57.20 44.00 points [+]
Services Sentiment 57.00 55.10 58.40 19.50 points [+]
Steel Production 449.78 518.40 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 77.00 88.60 77.00 Points [+]
Corruption Rank 12.00 13.00 13.00 7.00 [+]
Competitiveness Index 78.75 78.85 78.85 5.08 Points [+]
Competitiveness Rank 16.00 14.00 22.00 14.00 [+]
Composite PMI 55.60 54.90 58.30 21.70 points [+]
Business Inventories -0.50 -2.90 2.80 -2.90 percent [+]
Ease of Doing Business 14.00 18.00 18.00 9.00 [+]


Australia Small Business Sentiment
The NAB quarterly survey of business confidence measures the expectations of business conditions for the next 3 months among small firms with an annual turnover of AUD 2-3 Million. The survey is a simple average of trading, profitability and employment indices, reported by respondents for their company. The indices are calculated by taking the difference between the percentage of respondents nominating good or very good, or a rise and those nominating poor or very poor, or a fall.