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Annual Review 2006 - PwC

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National<br />

Enterprise<br />

Mid-sized businesses across the country remain focused on<br />

the push toward growth targets in an atmosphere of delicate<br />

balance.<br />

Consumer confi dence remains steadfast and government tax cuts,<br />

though small, are beginning to surface – but the obstacles of<br />

interest rate increases and state-based limitations are ever present.<br />

Each year, <strong>PwC</strong> undertakes the Business Insights Survey to identify<br />

challenges for mid-sized businesses and provide practical tips on<br />

how to optimise performance. In Breaking Clear: <strong>2006</strong> survey, the<br />

fi rm discussed Australian business’s ability to ride the cyclical turns<br />

of the economy and interest rates. The report highlighted the<br />

national skills shortage as the largest current threat and found<br />

companies were not only having trouble recruiting high-value<br />

employees but also in retaining good staff.<br />

Our <strong>2006</strong> Business Insights<br />

Survey highlighted the national<br />

skills shortage as the largest<br />

threat to mid-sized businesses.<br />

<strong>Annual</strong> <strong>Review</strong> <strong>2006</strong> 79

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