Summary: Business conditions deteriorate in June, still at elevated level; strong across states, most industries; confidence also deteriorates, below long-term average; due to global uncertainty, looming interest rate hikes, inflation; capacity utilisation rate slips, all 8 sectors of economy above respective long-run averages. NAB’s business survey indicated Australian business conditions were robust in the first half of 2018, with a cyclical-peak reached in April of that year. Readings from NAB’s...