By Michelle Hammond
Tuesday, 05 March 2013
Businesses are attempting to curb their expenses by delaying investments and the hiring of new staff, according to the latest Dun & Bradstreet survey, which shows 75% of businesses see cashflow as an issue during the months ahead.
D&B’s latest National Business Expectations Survey shows the cost of doing business is taking its toll, with businesses delaying plans to hire new staff and putting off investments.
The survey’s index has continued a downward trend through to the June 2013 quarter, falling below its 10-year average level, to a score of zero.
The research also shows no new jobs have been added since the March quarter of 2012, with the actual employment index remaining in negative territory for three consecutive quarters.
In December last year, the index dropped to -7. This was its lowest point in more than three years.
The survey shows 75%…
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