Business confident but consumers not

13 April 2016

 

Earlier this week NAB released its business conditions and confidence survey which sent bond yields higher on the back of business conditions being at an 8 year high. Memories of the financial markets turmoil earlier this year may be fading but the business confidence is not extending to consumers. The latest Westpac Melbourne Institute consumer sentiment survey was described by Westpac’s chief economist Bill Evan as “disappointing” after the index...

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