Editor's note

The businesses that rely on us to splash some cash aren’t feeling very positive about the year to come.

As part of our Face Value project, where we analyse outlook reports in company results, we looked at the sentiment of Australia’s top businesses. It is low in some sectors because of the fear we won’t open our wallets, and that’s justified given our low wages and high house prices, writes economist Ross Guest.

Jenni Henderson

Section Editor: Business + Economy

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The glum business sentiment is in sectors related to consumer spending. www.shutterstock.com

Face Value: business leaders nervous about consumers spending less and regulation

Ross Guest, Griffith University; Ben Hachey, University of Sydney; Leonardo dos Santos Pinheiro, Macquarie University

Business leaders some sectors are feeling less positive about the year ahead because consumers are spending less, according to our analysis of the outlook of leaders of Australia’s ASX 200 companies.

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