Tom McKay

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)


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