Confidence collapses as businesses push for support in Queensland budget

Queensland businesses are facing unprecedented pessimism about the national economy, marking the sharpest confidence decline in 20 years, according to the Business Chamber Queensland's Pulse Report. Concerns about inflation, supply chain issues, and rising interest rates dominate the outlook. Lobbying for payroll tax relief, businesses urge the state government for immediate support in next week's budget announcement.

Summary by OZbrief · SMH