Summary: Business conditions slip in February; confidence drops; confirms “ongoing resilience” of economy; consumer-facing sectors experiencing better conditions than business-facing sectors; capacity utilisation rate lower, remains elevated; Citi Australia: doubts over current market pricing of steady cash rate. 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 then began to slip...