Businesses say crisis is over

Posted on 17/11/2009  

Business confidence is up, with most Australian chief financial officers saying the global financial crisis is over, a Deloitte survey shows. It shows Australia's CFOs are optimistic about future prospects and see the financial outlook for their companies reflecting an "unexpectedly shallow economic downturn". A total of 88% of CFOs believe the worst of the credit crunch is over for their company while 72% are more optimistic about their company's outlook than they were last quarter.

« Back