Directors Remain Pessimistic as Survey Shows Negative Outlook on Australian Economy

The most recent Director Sentiment Index ( DSI), a statistical indicator of confidence in the Australian economy, has been released as a result of the most recent survey from the Australian Institute of Company Directors ( AICD ). The findings point to a general negative outlook of the economy held by the best management of companies.
The catalog improved slightly, but the DSI continued to be in bad place at -19.2.
Through sampling 1, 000 of its members, the Institute found that cost of living ( 40 percent ) has overtaken labour shortages ( 35 percent ) as the most pressing economic challenge for directors in the first half of 2024. This is followed by concerns over productivity growth ( 33 percent ) and inflation alongside interest rates ( 28 percent ). …

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