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Australian private equity confidence survey Q1 2003

16/04/2003Source: Deloitte & Touche.  

In the fourth quarter of 2002, Australian venture capitalists displayed a guarded optimism about the immediate future of the venture capital industry in the region. Q1 2003 shows that even this small amount of confidence has been tempered, according to Deloitte & Touche's Australian private equity confidence survey.

The first quarter of 2003 witnessed an increase in the number of respondents who believed that the economic climate would decline in the coming six months, up to 37 per cent from 14 per cent in Q4 2002. But 16 per cent expect that there will be an improvement, whereas none of the respondents held that view in the previous quarter.  

Copyright © 2003 Deloitte & Touche

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Deloitte & Touche is one of the largest and strongest professional services firms in the world, delivering audit and advisory, tax & legal, management consulting, and financial advisory services. For more information please visit www.deloitte.com

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