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Treasury and Payments

Improve your working capital, reduce fraud and minimize the impact of unexpected disruptions with our treasury solutions—from digital portals to integrated payables and receivables—all designed to make your operations smoother and more efficient.

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Commercial Real Estate

Get the strategic support to be successful throughout market and real estate cycles with insights, hands-on service, comprehensive financial solutions and unrivaled certainty of execution.

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International Banking

Global opportunities mean global challenges. But real success means understanding the local markets you serve—which is why we bring the business solutions, insights and market perspective you need. 

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Business Leaders Outlook

2022 Business Leaders Outlook: Australia

Our first survey of midsize business executives in Australia shows expectations for growth, even as costs increase and labour is scarce.

Australian business leaders feel good about the economy, even against challenges with costs and labour.

Executives at midsize businesses across Australia believe the remainder of 2022 will foster growth. Our J.P. Morgan Business Leaders Outlook: Australia surveyed companies with revenues between AU$20 million and AU$2 billion and found that business leaders remain resilient. Australian sentiment slightly outpaces German optimism and far outpaces U.S. optimism of business leaders in J.P. Morgan surveys taken around the same time.


"Mid-cap businesses are very focused on absorbing cost inflation — often driven by supply chain issues and labour shortages. Management of these issues can be tricky where there are fewer capital sources available, particularly in certain industries where raising equity and/or debt is less straightforward given current market conditions. However, business leaders remain resilient and optimistic about future growth, as our survey results found — perhaps partly inspired by the recent election."

—Annabelle Mooney, Head of Commercial Banking, Australia, J.P. Morgan


The survey was fielded as Prime Minister Anthony Albanese took office, during the third month of the war in Ukraine and with COVID-19 still a prevalent factor.  More than half of Australian business leaders responded that they expect the recent election to positively impact their companies. 

Australian businesses face many operational challenges, with rising prices and labour concerns topping the list. Business leaders also say supply chain issues remain a top concern.

© 2022 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/cb-disclaimer for disclosures and disclaimers related to this content.

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