CFO sentiment 3

Insights

CFO Sentiment | Edition 3

Positive global outlook drives optimism

Confidence amongst CFOs continues to improve alongside the positive fortunes of the global economy. That doesn’t mean that uncertainty doesn’t continue to prevail, but Australia’s most senior finance executives remain comfortable in the face of the challenges it presents. Risk appetite is up, innovation and technology – from blockchain to automation – remain keys to productivity improvements, and workforce wellness has emerged as an important focus.

What did Australia’s most senior finance executives make of the first half of 2017?

Australia’s most senior finance executives remain comfortable in the face of the challenges uncertainty presents.

Confidence remains strong, with a net 25% of CFOs more optimistic about the future prospect of their business than six months ago.

Key issues were explored including digital finance, wellbeing, tax, President Trump and global optimism.

Favourable business conditions are promoting an appetite for risk among CFOs with the share of CFOs who believe now is the right time to take on more risk to expand has edged towards 50%.

Notably, global growth is a key driver for the Australian economy and continues to provide opportunities for Australia on the international stage. 

CFO Sentiment | Positive global outlook drives optimism

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