WILL confidence in Queensland's economy continue to soar?
The Commonwealth Bank CCIQ Pulse Survey of Business Conditions for the March Quarter 2012 confidence saw a marked return in business confidence in the Queensland state economy increasing to levels not experienced since 2008 prior to the GFC.
Buoyed by a change in state government and election promises relating to payroll tax, red tape, abolition of the waste levy and tighter economic and fiscal disciplines, businesses felt that there was good reason for a brighter outlook.
However there were overriding concerns relating to confidence in the Australian economy, which continued in negative territory in the March Quarter with an increasing number of businesses expecting the national economy to become weaker over the coming twelve months.
What will the June quarter bring?
CCIQ and Commonwealth Bank have today opened the Pulse Survey of Business Conditions a June Quarter 2012 and encourage all Queensland businesses to have their say about the issues facing their business and their thoughts on the wider Queensland and Australian economy.
Questions included are:
acents What impact will key local and global issues have on business sentiment?
acents Will the introduction of the Carbon Tax hurt confidence?
acents Will the easing of business costs and regulation boost sentiment?
acents Is the state election still creating a feel good atmosphere in the business community?
This edition of the Pulse Survey of Business Conditions will have a strong regional focus.
Queensland's regions are affected dramatically by the global and local influences as resources boom and tourism is challenged, as infrastructure is rolled out and skills shortages reported. …