Business confidence, conditions slip but stable at “low levels”

28 January 2020

 

Australian business conditions were robust in the first half of 2018 and a cyclical-peak was reached in April of that year. However, readings began to slip and, by the end of 2018, they had dropped to below-average levels. Forecasts of a slowdown in the domestic economy began to emerge in the first half of 2019. Since then, conditions readings have varied modestly while confidence readings appear to be trending lower....

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