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Business confidence at ‘record all-time high’ despite snap lockdowns

Business confidence is skyrocketing in the wake of the pandemic despite the negative impact of snap lockdowns, according to InvestSMART’s Evan Lucas. 

“Business is at a level of confidence we haven’t seen before,” he told Sky News. 

“They have never had better abilities to borrow, their credit cycle is very, very good at the moment and their expectations of growth are very much at a record all-time high.

“Business confidence is at record all time high according to a survey from NAB so the expectation is that their future expenditure and therefor their future spending should match that.”

Business confidence is skyrocketing in the wake of the pandemic despite the negative impact of snap lockdowns, according to InvestSMART’s Evan Lucas.

“Business is at a level of confidence we haven’t seen before,” he told Sky News.

“They have never had better abilities to borrow, their credit cycle is very, very good at the moment and their expectations of growth are very much at a record all-time high.

“Business confidence is at record all time high according to a survey from NAB so the expectation is that their future expenditure and therefor their future spending should match that.”

Business confidence is skyrocketing in the wake of the pandemic despite the negative impact of snap lockdowns, according to InvestSMART’s Evan Lucas.

“Business is at a level of confidence we haven’t seen before,” he told Sky News.

“They have never had better abilities to borrow, their credit cycle is very, very good at the moment and their expectations of growth are very much at a record all-time high.

“Business confidence is at record all time high according to a survey from NAB so the expectation is that their future expenditure and therefor their future spending should match that.”

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