Business chiefs more cautious in 2017: Ai Group

By Tim Strube

Fresh from a year that delivered major political shocks and proved tougher than expected, Australian business leaders are taking a cautious approach to 2017.

Fewer chief executives expect to see business conditions improve than a year ago, though there are more forecasting a stable environment, according to the latest CEO survey by the Australian Industry Group.

A weaker Australian dollar, stronger commodity prices and a recovery in national incomes were also factors, Ai Group chief executive Innes Willox said.

Read the AAP article in The Age.

"The fate of the Australian dollar is a key swing factor. In 2017, it will remain one of the key risks to export performance and to the economy more widely," Mr Willox said.

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Tagged in: exchange rates, global payments, currency conversion, finances, technology, banking

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