3.3% Rise in Business Investment Could Mark Australia’s Recession Recovery

September 2009 - Quarter to quarter reports from the Australian Bureau of Statistics show capital spending to be on the increase.

Industry experts were shocked this week at news that Australian business investment had risen 3.3% in the second quarter. Initial predictions were of a 5% decrease in spending following the 7.3% decrease of the first quarter. The data given by the Australian Bureau of Statistics is thought to indicate a recovery from the economic recession which is well in time for 2010.

Of course recovery from recession is great news for everyone involved in business, not least those who are running business directories and indexes such as NSW Plus. Dealing with all types of businesses, this web directory which also allows users to submit product information and physical address will almost certainly see first hand how improvements will pan out.

“It's a crucial time for both new and existing businesses” Says company CEO Sohel Rana, “now that the economic climate is starting to improve, being part of a business directory like NSW Plus is the ideal way to propel themselves into the sights of their audience and contemporaries.”

NSW Plus is a new venture for Sohel Rana and his team, who have been running a similar type of business directory website for 10 years. Business to Business, or 'b2b' as it's otherwise known was founded in 1999 and allows online shopping, link directories and real estate companies to network, advertise and communicate with their customers and peers. Unlike b2b, NSW Plus focuses solely on indexing Australian businesses.

Australian based businesses are celebrating this month as reports of a 3.3% investment spending quarterly increase were released by the Bureau of Statistics. While this is good news for all involved in the business sector new directory website NSW Plus which indexes Australian companies is expecting to benefit from and observe the impending recovery from the recession first hand.

For more information, visit http://www.nswplus.com.au

Contact: Sohel Rana
Company Name: Web Technocrat
Address: Sydney, Australia
Telephone: +61 2 97599917
E-mail: [email protected]
Website: http://www.nswplus.com.au

Visit the publisher's website: http://www.nswplus.com.au