Australian Business Leaders Express Tempered Optimism Amid Persistent Inflation and Uncertainties Ahead, Annual J.P. Morgan Survey Finds

SYDNEY–(BUSINESS WIRE)–Optimism for the year ahead has climbed among Australian midsize business leaders, with nearly seven-in-ten reporting confidence about the global (69%) and national (68%) economies, up 10% and 9% respectively from 2023, according to J.P. Morgan’s third annual Australia Business Leaders Outlook survey. With this confidence, growth is top-of-mind for Australian midsize businesses as a majority expect to see an increase in revenues (82%) and profits (78%)—and also plan to