Business confidence in Australia highest it has been for seven years!

Jump to Last Post 1-5 of 5 discussions (6 posts)
  1. VacationAustralia profile image81
    VacationAustraliaposted 8 years ago

    Today it was announced that business confidence in Australia is up again. Why would it be this high? I could understand if it was above last years dreadful performance, but this seems a bit over the top to me.
    What do others think?

  2. travelespresso profile image79
    travelespressoposted 8 years ago

    Hi Vacation Australia.  I think its a bit over the top too.  Tell that to the people looking for jobs and to those in employment agencies - they are all still hurting big time.  I understand that employment is a lagging indicator but its going to be awhile until that picks up and that is one of the tests.

    1. VacationAustralia profile image81
      VacationAustraliaposted 8 years agoin reply to this

      Hi travelespresso. It does seem a bit much doesn't it?
      The employment figures look better at first, but closer scrutiny indicates that this lag is likely to be here till next June. smile

  3. easyspeak profile image68
    easyspeakposted 8 years ago

    That's because China is continuing to boom and Australia does tons of business with China.  Maybe that's why Australia isn't dieing to sign a new climate change treaty?  Without China, Australian confidence plummets.  What do you think?  I think so.

  4. Pr0metheus profile image57
    Pr0metheusposted 8 years ago

    I just got back from vacation in Australia.  The Aussie dollar is STRONG right now, almost a 1 to 1 exchange rate with the US dollar (and everything is worth twice as much).  I'd assume that easyspeak is right about the Australian relationship with China, although I don't think that has anything to do with the climate change treaty.  I've seen the debates over there lately, and honestly I don't think the "green" trade is a good thing. It is just another money bubble that is going to bust.

  5. profile image0
    Audreveaposted 8 years ago

    Australia is doing very well and we really haven't taken the same hit as much of the rest of the world. Our banking system is really highly regulated (seemed a bit much until everything hit the fan).

    We have evaded recession - but interest rates are high and we've definitely been credit crunched.

    I never believe employment stats b/c they never truly consider how many people are working casual jobs and part time when they'd much rather have a full time job. If it's a job, it counts.

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)