Andrew Kay (ILF 2014)
The William Buck Survey of Business Expectations found that business confidence levels rose to 83.9 points, bouncing back from 77.3 points just three months earlier. Business SA had previously projected a further decline to 68.4 points in the September quarter. Chief Executive of Business SA Andrew Kay suggested that interest rate stability since the last survey had contributed to the improved result. “These are quite globally turbulent times. A brief period of certainty around local interest rates was welcomed by the business community,” said Kay.