Subdued outlook for small business


DESPITE subdued confidence continuing in the small businesses sector, the future may be looking brighter for some.

The latest small business survey from the Australian Chamber of Commerce and Industry was released Monday.

It showed most measures of confidence, economic performance and conditions were still in negative territory - continuing long-term trends.

ACCI chief Kate Carnell (pictured) said despite a "difficult start to 2015", "recent improvements to conditions were promising" for the SME sector.

"But small business confidence and conditions remain subdued, especially compared to larger businesses," she said.

Ms Carnell said "wage pressures" appeared to be rising and "non-wage labour costs remain elevated".

Topics:  australian chamber of commerce and industry business business confidence

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