“Broad-based uptick”; business conditions, confidence improves in August

Summary: Business conditions improve in August; business less pessimistic, still below average; broad-based uptick in conditions across most industries; deep negatives in the retail sector; ANZ: continued strength in business community, inflation may prove hard to quash; capacity utilisation rate rises, at elevated level. 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...

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