Business indicators

• 46% of businesses expect it to be easy or very easy to meet financial commitments over the next three months, compared to 23% in August 2020.
• 29% of businesses are accessing support compared to 73% in May 2020. 
• 19% of businesses expect to increase staff numbers over the next three months. 

Current price estimates for the December quarter 2020:

• Company gross operating profits fell 6.6% seasonally adjusted 
• Wages and salaries rose 1.4% seasonally adjusted 

Chain volume estimates for the December quarter 2020:

• Inventories remained relatively unchanged this quarter

• Total new capital expenditure rose by 3.0%.
• Buildings and structures rose by 0.7%.
• Equipment, plant and machinery rose by 5.7%.
• Estimate 1 for 2021-22 is $105,487m. This is 3.4% lower than Estimate 1 for 2020-21.

At June 30 2020 there were 2,422,404 actively trading businesses in the Australian economy.

In 2019-20 there was a:

• 2.0%, or 46,651, increase in the number of businesses.
• 14.5% entry rate, with 344,472 entries.
• 12.5% exit rate, with 297,821 exits.