From www.aicd.com.au: The latest Director Sentiment Index from the Australian Institute of Company Directors shows a significant improvement in director sentiment, rising nearly 10 points to -23.9, as fewer directors expect a recession within the next year.
Despite this rebound, concerns over global trade tensions and domestic economic conditions remain prevalent, with a majority of directors favouring regulatory reforms to boost productivity and economic growth.
The survey highlights that compliance and regulation are the primary factors influencing board risk appetite, with an increasing expectation of regulatory compliance over the next 12 months.