“Ongoing softness” in business conditions; virus yet to fully hit

10 March 2020

 

Australian business conditions were robust in the first half of 2018 and a cyclical-peak was reached in April of that year. Readings then 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 and while conditions remained quite stable at low-growth levels for a period, confidence readings began...

read full story