Off the wire
• Spanish La Liga results on Sunday  • Xinhua world news summary at 0030 GMT, Jan. 19  • West Africa rivals Ghana, Senegal clash in tricky Afcon tie  • Spanish La Liga soccer standings  • DR Congo fight back to hold Zambia in Group B Afcon tie  • Equatorial Guinea coach Becker warns team ahead of second Afcon tie  • Dollar trades in mid-117 yen range in early Tokyo deals  • DR Congo's Kidiaba glad to be oldest player in 2015 Afcon  • Murphy crushes Robertson to win snooker Masters champion  • Results of Hungarian indoor modern pentathlon competition  
You are here: 　 Home

Australian business confidence low for 2015: survey

Xinhua, January 19, 2015 Adjust font size:

The Australian business sector has low expectations for 2015, according to a new survey released on Monday.

The December quarter survey of investor confidence by the Australian Chamber of Commerce and Industry showed a major fall in sentiment, and business profitability expectation fell to its lowest point in the survey's 23-year history.

Expectations of the national economy were low in the December quarter, showing businesses expect conditions to get worse over the next three months.

Businesses said the top five constraints were insufficient demand, taxes and charges, local and overseas competition and non- wage labor costs.

However, those surveyed expected the number of full-time employees to be at the highest level since the March quarter 2011 survey. Endi