The Deloitte Quarterly CFO survey has found renewed optimism amongst top financial controllers, with those feeling more optimistic about their company's...

Tom McKay
Tom McKay Livewire

The Deloitte Quarterly CFO survey has found renewed optimism amongst top financial controllers, with those feeling more optimistic about their company's financial prospects increasing from 11% to 41% in the last three months. The end of minority government appears to be a major factor, with 68% of CFOs saying that government policy is having a positive influence on optimism. Extra risk is also back in fashion, with 38% of CFOs believing that the current environment is a good time for taking on additional balance sheet risk, the highest figure in two years. With the highest optimism since 2011, 90% of CFOs also view tax reform as an important or very important issue, with company tax, the GST and superannuation tax the favourites. (VIEW LINK)

Australia economy

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