Australian August 2025 Business confidence 4 (vs. prior 8)

  • National Australia Bank business survey
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Australia August 2025 business conditions 7

  • 5 in July
  • 7 is the long run average for this measure

Business confidence 4

  • vs. 8 in July
  • 4 is close to the long run trend for this

Some of the sub measures:

  • business sales unchanged at +12 in August
  • profitability up 2 points to +4
  • employment rebounded up 3 points to +6
  • forward orders up a point to +1, the first move into positive territory in two years
  • price indicator, purchase costs, running at a quarterly rate of just 1.1%, the smallest increase since 2021
  • quarterly growth in retail prices halved to 0.5%
  • labour costs to 1.5%, from 1.9%

National Australia Bank comments:

  • "Regions and industries in the economy which have faced headwinds in recent years have showed positive signs in recent months, adding to our confidence that the broader economy is on a better trajectory in the second half of the year,"

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