NSW BUSINESS CONFIDENCE CONTINUES TO GROW, BULLISH OUTLOOK FOR 2013
1 April 2013
Treasurer Mike Baird and NSW Minister for Small Business Katrina Hodgkinson today said business confidence continues to improve under the O’Farrell Government, with the latest Sensis Business Index revealing NSW small to medium enterprises (SMEs) are feeling even more bullish about 2013.
In the last quarter, NSW SMEs confidence for the year ahead improved by 13 per cent, with an overall net 33 per cent result which is above the national average.
“This is another positive result for NSW which shows business confidence continues to grow under the O’Farrell Government,” said Mr Baird.
“Apart from Victoria, NSW businesses recorded the highest confidence of all the states. This result is particularly positive considering the tough economic environment businesses faced in 2012.
“It’s clear business confidence in NSW is picking up, with NSW recording the highest performance in sales and profitability of any state or territory in the last quarter and the highest proportion of exporting SMEs in Australia,” said Ms Hodgkinson.
“Even more pleasing is that NSW businesses are the most bullish about the year ahead in recording the highest expectations for sales and profitability in the country.”
“This optimistic outlook is good news for the NSW economy and means more job opportunities for the people of this state,” said Mr Baird.
“The NSW Government is committed to further boosting confidence and supporting the creation of thousands of jobs through our record infrastructure program and Jobs Action Plan, which provides a strong base from which NSW can continue to grow,” Mr Baird said.
NSW Minister for Small Business