It has been a very interesting few months with all the States and Commonwealth releasing their budgets. This seems to have rattled consumer confidence, at least for now, and companies who used to look at how the international markets were performing have turned their sights domestically.
According to a survey of 500 of Australia's top CFOs the Australian economy is the key hindrance to the growth of their companies.
Will consumer confidence return?
Tom Cowie and Shaun Drummond from the AFR have written an article outlining this change in CFO focus in a post budget Australia. The full article can be found here: AFR - Budget woes weigh on finance chiefs