Oz Businesses Exhibit Record Gloom

February 5, 2013 1:13 AM GMT

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-Business outlook is weak
-Cash flow a major concern
-Discounting likely the norm
-Sell price index at survey low


By Eva Brocklehurst

Australian businesses are gloomy. According to the latest quarterly Dunn & Bradstreet survey, the nascent optimism present in the December quarter with regard to the March quarter outlook has petered out. In fact, 68 per cent of businesses that were surveyed this quarter are concerned that cash flow will be an issue for the June quarter. Furthermore, 28% of surveyed businesses see outstanding accounts receivable as affecting cash flow, and therefore an

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