Conditions Turn Positive For Sa Business

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2nd December 2009, 11:23am - Views: 809





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UNDER EMBARGO: FOR RELEASE TO PUBLIC ON THURSDAY 3 DECEMBER 2009


Conditions turn positive for SA business


South Australian businesses have experienced positive trading conditions for the first time in

well over a year, according to the Sensis® Business Index released today.


The quarterly survey began in 1993 and provides the latest snapshot of small and medium

enterprise (up to 199 employees) business activity in Australia. It is based on a sample size

of 1,800 from metropolitan and regional areas, interviewed between 30 October and 20

November 2009. 


Report author Ms Christena Singh said conditions continued to improve for South Australia’s

small businesses during the quarter, and the Christmas period was expected to bring further

positive results.


“South Australian small businesses have experienced challenging trading conditions over

the last 12 months.


“The environment has improved considerably over the last quarter, with conditions turning

positive for the first time in well over a year,” Ms Singh said.


The Sensis® Business Index shows South Australian small businesses experienced strong

improvements in sales, profitability and employment during the quarter. 


“This is the first time we have seen profitability in positive territory in South Australia since

February 2008.”


Conditions are expected to remain positive during the upcoming summer quarter. In

particular, employment by South Australian small businesses is expected to be strong.


Business sentiment remained steady at the national average.


Small business support for the South Australian Government continued to decline, and it is

now the nation’s third least popular state or territory government.


Perceptions that there are no incentives for small business, issues with land tax and the

government doesn’t care are key reasons small business do not support the South

Australian Government.


December 2009 Sensis® Business Index South Australian Key Indicators:



The business confidence indicator remained stable at 52 per cent


Over the quarter, eight per cent of businesses decreased their workforce size, while

10 per cent increased staff numbers, with the remaining making no changes


The profitability indicator rose substantially from negative 16 per cent to positive eight

per cent


Demand for goods and services continued to improve, with the sales indicator up

from negative 13 per cent to positive 12 per cent


Capital expenditure fell, with the indicator down from positive seven per cent to

negative one per cent.


-ENDS-


For interviews with the report author or for further information contact: 


People Feature Sensis 2 image

De-Arne Carr on 03 9397 5677 or 0419 585 711


For further commentary from report author Christena Singh, visit

www.speakingsensis.com.au to read Christena’s blog or view the short video blog. The

Sensis® Business Index is available now by contacting the above or can be downloaded

from www.about.sensis.com.au/resources from 9am Thursday 3 December  2009.

 






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