Country: Australia Source: Roy Morgan Business Single Source, Dec 2010-Apr 2021. Average monthly sample over the last 12 months = 1,353. In April 2021 Roy Morgan Business Confidence increased 1.3pts (+1.0%) to 125.3. This is the highest level of Business Confidence in Australia for over seven years since January 2014 (131.5). Business Confidence has increased a massive 48.4pts (+62.9%) on its level of a year ago in April 2020 (76.9). Business Confidence is now 11.6pts above the long-term average of 113.7 and nearly two-thirds, 65%, expect ‘good times’ for the Australian economy over the next 12 months and an increasing majority of 59.5% of businesses said the next 12 months is a ‘good time to invest in growing the business’.