Australia: Outward Looking
Australian CFOs appear to be the most outward looking in the region. They are more worried about the European debt crisis than their peers, and are more concerned about the U.S. budget deficit and an economic slowdown in China than all the other countries except China.
Their rating of the world economy as it currently stands is a weak 4.6 (close to the group average of 4.7) and together with China they are the most concerned about regulatory issues.
Foreign Competition Not a Concern
Despite their international focus, CFOs in Australia are the least concerned about foreign competition. However, for those citing foreign competition as a concern, more than 50% are concerned about competition from China, the U.S., Western Europe, Japan and India.
Australian CFOs also the least concerned about their own economy's sensitivity to a global slowdown, rating this 6.1 compared to the group average of 7.0.