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Economics & Research

The VECCI Economics and Research unit produces a number of leading publications that are available to members. Two of our flagship publications are the 'Visa-VECCI Survey of Business Trends and Prospects' and the 'VTIC – Survey of Tourism Performance and Outlook', both of these publications are produced quarterly.

Visa-VECCI Survey of Business Trends and Prospects

The Visa-VECCI Survey of Business Trends and Prospects is designed to monitor business performance and expectations with respect to:

  • Current and expected trends in national and state economic conditions; and
  • The recent performance of individual Victorian businesses and their expectations for the next 3 months.

VECCI's quarterly Business Trends & Prospects Survey canvasses a cross section of VECCI members and allows you to benchmark your business performance and expectations against the economy and industry-wide trends. A valuable aid to business planning, the survey covers trends in general business conditions, sales revenue, selling prices, wages growth, exports, employment, profits and investment.

VECCI's Business Sentiment Index for the Australian economy remained weak over the June quarter 2008, signalling continued moderation in the business community's perceptions of prospects for the national economy over the next twelve months.

Victorian business conditions also continued to moderate. Survey respondents reported a decline in general business conditions and profitability - in part due to continuing widespread wages growth.  Average selling prices also increased, as many businesses pass on increases in operating costs to customers.

Weaker trading conditions are anticipated over the next three months. Average selling prices are expected to rise further. 

Webb June 2008
Visa-VECCI survey: business confidence falls further
Webb March 2008
Cost relief needed as business confidence continues to fall
Webb December 2007
Visa-VECCI survey: business confidence falls further as a result of drought, high Australian dollar and interest rates
PDF Business Trends sample extracts
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VTIC Survey of Tourism Performance and Outlook

The VTIC Survey of Tourism Performance and Outlook provides tourism operators with Victorian-specific information and data on the performance and outlook of the tourism industry. The survey aims to assist tourism operators make better business decisions by allowing them to benchmark their performance against the industry as a whole. The survey also identifies constraints on business performance. VECCI has taken a leadership role in the Victorian tourism industry; we are the only body compiling information of this nature in the marketplace.

 Click here for further information on VTIC

For all further information, please contact:
VECCI Economic Policy
Ph:      03 8662 5266
Email: policy@vecci.org.au

 
VECCI Publications
Trends & Prospects Survey
Business Trends & Prospects Survey
 
VTIC Survey