Australian business conditions on “solid footing”

08 May 2017

 

Australian businesses are still enjoying buoyant conditions across most industries and even retailers are starting to enjoy more favourable conditions. According to NAB’s latest monthly business survey of 400 firms in April, its Business Conditions Index rose 2 points to 14 from a revised reading of 12 in March, while its Business Confidence Index jumped from 6 to 13, which is well above its long term average of 6. While...

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