TEC CEO Confidence Index
The Executive Connection Confidence Index is a quarterly survey measuring the confidence of Australian business leaders of small-to-medium businesses. The results provide insight into the challenges and opportunities faced by leaders and their confidence in the Australian business environment. The Confidence Index Quarter 3, 2018 was conducted in September 2018, with Australian chief executives and business owners participating in the research.
The opinions of these business leaders provides a clear snapshot of the current economic, market and industry trends and demonstrate growth over the next 12 months.
A spoonful of optimism sees leaders charging full steam ahead into the last few months of 2018, with a significant 78 per cent of CEOs expecting overall economic conditions to be better or stay the same in the next 12 months. Although high, this is eight per cent lower than the same time last year.
Despite the likelihood of a Federal Election to take place in the next 12 months, an overwhelming 91 per cent of CEOs expect overall economic conditions in Australia to increase or remain the same in that period of time; the highest levels of confidence seen since December 2017.