Summary: Business conditions improve in January; confidence also improves; trading conditions, profitability, employment sub-indices all stronger, well above average; talk of slowdown possibly “premature”; demand “elevated”, supported by strong population growth, easing concerns regarding global growth prospects; capacity utilisation rate higher, remains elevated. 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...