Summary: Business conditions deteriorate but confidence improves in January; divergence in conditions across industries; components of conditions index remain above average; capacity usage rate increases again; jobless rate “could fall quite quickly in 2021”, but end of JobKeeper will be “test”. 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 indices...