CEO Survey of Business Prospects for 2019


We invite you to participate in our annual survey of business conditions and your expectations for the coming year.

Your opinions about business conditions, concerns, issues and policy are important. We need to ensure that your voice is heard. Your responses to this survey will help us to advocate more strongly on your behalf to our nation’s Governments, regulators, law-makers and policy-makers.

In 2018, we are particularly keen to hear first-hand about your experiences and expectations regarding trade, the dollar, the labour market and your business’ workforce and skill needs.

I would be grateful if you could complete the survey by Friday 12 October 2018

We estimate this survey will take around 10 minutes of your time to complete.

As always, all responses we receive in this process are strictly confidential. The individual names, responses and all other details of participants will not be shared. A summary of the aggregated and confidentialised results will be compiled in a report and will be available from our website https://www.aigroup.com.au/policy-and-research/mediacentre/reports/ in January 2019.
You can also see our previous years’ reports at this web page. If you would like to receive an email notification when the survey results are released, please provide your email address at the end of this survey.

If you have any questions regarding this survey please call Colleen Dowling, on (03) 9867 0251 or email economics@aigroup.com.au.

 

There are 28 questions in this survey.

Business details

Company name
What is the postcode of your primary business location (e.g. registered business address)?

In which industry does your business mainly operate?
Mining and/or mining services (e.g. exploration, mining engineering or mining processing)
Construction (e.g. engineering, infrastructure, commercial, residential construction or contracting)
Manufacturing (e.g. making food, beverages, chemicals, equipment, building materials, metals, textiles, furniture)
Services (e.g. retail, wholesale, transport, post, IT, media, health, education, cafes, hotels, entertainment)
Other: 

The following questions are about your business experience in 2018

What was your approximate annual turnover in 2018?
$
How many full time equivalent (FTE) people did you employ in 2018?
FTE
By what percentage did the following factors change in your business in 2018, compared to 2017?

Please write in the % change if there was an increase or decrease, please write yes in the 'no change' field if there was no change. Leave blank if not applicable.
  Down by % No change Up by %
Annual turnover
Gross profit margin
Number of employees
Spending on staff training and development
Spending on physical capital (e.g. buildings)
Spending on research & development
Spending on new technology
Export income
Input prices
Energy prices (inputs)
Selling prices
Labour productivity (output per hour worked)
Were general business conditions in 2018 better, worse, or the same as 2017? 
Worse
No change
Better
No answer
Did you change any parts of your business model, plan or strategies in 2018 due to business conditions?
Yes
No
We don’t have a formal business model, plan or strategy
No answer

If exporting, what was the total value of exports for your business in 2018?

$
Approximately what percentage of all your inputs (by value) were imported in 2018?
%
IF your business was EXPORTING in 2018 or is planning to export in 2019, at what AUD/USD exchange rate do your exports become uncompetitive with products from other countries?
US cents
IF your business was competing with IMPORTS in the Australian market in 2018, at what AUD/USD exchange rate do your products become uncompetitive with imported products from other countries?
US cents
How did your business use the internet in 2018? (Please select any that apply)
Business website
Advertising/marketing
Orders/sales from customers
Ordering/buying from suppliers
Data storage and/or analysis
Online applications (e.g. payroll)
No internet used in the business
Other:
Did your business experience any internet security problems in 2018? 
Yes
No
Don't know
Not applicable to my business
No answer
Did you business invest in any internet security measures in 2018?
Yes
No
Don't know
Not applicable to my business
No answer
Did your business use any internet security assistance or advice from Government in 2018?
Yes
No
Don't know
Not applicable to my business
No answer

The following questions are about your expectations for your business in 2019

Do you expect the following factors to change in your business in 2019, compared to 2018?
  Down No change Up No answer
Annual turnover
Down
No change
Up
No answer
Gross profit margin
Down
No change
Up
No answer
Number of employees
Down
No change
Up
No answer
Spending on staff training and development
Down
No change
Up
No answer
Spending on physical capital (e.g. buildings)
Down
No change
Up
No answer
Spending on research & development
Down
No change
Up
No answer
Spending on new technology
Down
No change
Up
No answer
Export income
Down
No change
Up
No answer
Input prices
Down
No change
Up
No answer
Energy prices (inputs)
Down
No change
Up
No answer
Selling prices
Down
No change
Up
No answer
Labour productivity (output per hour worked)
Down
No change
Up
No answer
General business conditions in your sector
Down
No change
Up
No answer
What factors do you expect will inhibit your business growth in 2019? 
Lack of customer demand
High and/or variable exchange rate
Flexibility of industrial relations
Skills shortages
Government regulatory burden
Competition from imports/internet sellers
Wage pressures or high wage costs
Other
If other please specify

What key growth strategies do you plan to implement in your business during 2019? 
Introduce new products/services
Improve sales of current products/services
Develop new domestic markets
Develop new overseas markets
Downsize/reduce operational costs
Increase online presences/capability
Increase advertising/marketing
Other
If other, please specify

What are your highest priorities for your business investment spending in 2019? 
Staff training and development
Physical capital (e.g. buildings)
Equipment (e.g. new machinery)
Research and development
Information and communication technologies (ICT)
New technologies other than ICT
Other
If other, please specify

Thank you for completing this survey, if you would like to receive a link to the report when it is released, please provide your email address