Post by Roy Morgan

In March 2026 Roy Morgan Business Confidence increased 2.1pts to 90.7, recovering slightly from its lowest level since 2024. The small increase in March came after large consecutive falls in January (down 7.6 points) and February (down 8.8 points) and the index remains well below the neutral level of 100. The increase in Business Confidence came despite the outbreak of conflict in the Middle East on the final day of February, which led to a sharp rise in petrol and diesel prices throughout March, and the Reserve Bank’s decision to raise interest rates in mid-March by +0.25% to 4.1%. 🔗 Read full: https://lnkd.in/gnWsTwJg #AustralianEconomy #BusinessConfidence