Business conditions still good despite slip

02 May 2016

 

Australian businesses are still enjoying buoyant trading conditions even though business conditions and confidence levels have slipped back in April, according to NAB’s latest Monthly Business Survey. Its Business Conditions Index fell 3 points from 12 to 9, while the Business Confidence Index fell 1 point from 6 to 5. NAB’s interpretation of the figures was one of a confirmation of “a continuation of the favourable business environment that has...

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