Summary: Business conditions improve in August, at elevated level; confidence also improves, modestly above long-term average; strong conditions across most industries, more positive outlook prevailing despite rate rises; capacity utilisation rate declines, all 8 sectors of economy still 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 index...