Confidence among small and medium businesses has reached its highest level in six years registering a net balance score of +46 according to the latest Sensis Business Index (SBI) survey.
The Index, which reflects the views of 1,000 small and medium businesses (SMBs) from across Australia, registered a net balance of +46. This result is seven points up on Decenber 2015.
In addition to improved business confidence, the overall assement of the economy moved into positive territory, with 24% of SMBs indicating faith in current economic growth. Optimism around overall economic growth rose by 3% in December 2016.
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