Australia's business executives are anticipating a bleak September quarter as high fuel prices, continued inflationary pressures and slowing consumer spending hurt sales and profit margins.
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Businesses to greet a gloomy Christmas
The weak Australian dollar, high petrol prices and continued inflationary pressures will continue to hurt Australian businesses, the latest Dun & Bradstreet (D&B) survey has shown.
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Business payment terms on the rise
The length of time Australian businesses take to pay each other is rising, placing additional pressure on company cash flows in an environment where access to credit has already tightened.
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Bleaker picture for the coming quarter
A latest business expectations survey has painted a bleaker outlook for the December quarter, with sales and profits growth expectations projected to fall further affected by the continuing high oil prices.
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