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Australian CEO business expectations for 2024

Thank you for participating in our annual CEO survey of Australian business conditions for 2023 and expectations for 2024 (calendar years).

Your experiences and opinions matter to industry, governments, regulators, law and policy makers. Participating in this survey will help your voice be heard and will enable us advocate on your behalf.

This year we are keen to hear your thoughts on innovation, supply chains, employment and skills.

I would be grateful if you could complete this survey by Thursday 7 December 2023. We estimate it will take around 10 minutes to complete.

As always, your response will be strictly confidential. Individual names, responses and details will never be published or 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 2024, you can see our previous reports at this page.

If you would like to receive a link to this report when released, please provide your email address at the final question.

If you have any questions regarding this survey please email economics@aigroup.com.au.

Regards,

Innes Willox

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?
The following questions are about your business experience in 2023 and your expectations for 2024
What was your approximate annual turnover in 2023?
We ask this to group responses by size
$
approximately
How many full-time equivalent (FTE) people did you employ in 2023?
We ask this to group responses by size
FTE people

How did each of the following factors change in your business in 2023 compared to 2022?

Up No change Down No answer No answer
General business conditions in your sector
Annual turnover
Gross profit margin
Number of employees
Spending on staff training & 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
If your business exported in 2023 or tried to export in 2023, what factors affected your ability to do so?

Is your business currently experiencing any supply chain disruptions? 

If yes, to what extent are supply chain disruptions affecting your business? 

Did your ability to source all the inputs that your business require change in 2023, compared to 2022? 

Do you expect your ability to source inputs to change in 2024 compared to 2023?

What measures will you take to improve the reliability and resilience of your supply chains in 2024?

If other, please specify
Do you expect the following factors to change in your business in 2024, compared to 2023?
Up No change Down No answer
General business conditions in your sector
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
To what extent do you expect staff shortages to impact your business in 2024?
If you expect staff shortages in 2024, how will you manage it?   (double-click or drag and drop from highest to lowest)
If other please specify
What factors do you expect will inhibit your business growth in 2024?  (double-click or drag and drop from highest to lowest) 
If other please specify
What key growth strategies do you plan to implement in your business during 2024? (double-click or drag and drop, from highest to lowest)
If other, please specify
What are your highest priorities for your business investment spending in 2024?   (double-click or drag and drop from highest to lowest)
If other, please specify
What factors will influence your business investment spending decisions in 2024?  (double-click or drag and drop from highest to lowest)
If other please specify
Did your business invest in innovation activities in 2023?
What was the objective of your innovation investments? 
Did your innovation investments lead to the introduction of new products and/or business processes in 2023?
What are the main factors motivating your innovation investments? 
Will your business change its level of innovation investments in 2024?
What are the main factors inhibiting your innovation investments?   (dounle-click or drag and drop from highest to lowest)
If other, please specify
What are you most optimistic or concerned about for your business in 2024?
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
 
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