Summary: Business conditions slip in July; business less pessimistic, still below average; conditions resilient, challenges expectations economy would continue to cool; Westpac: provides further confirmation of trend cooling, price pressures lifting; 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 NAB’s index then began to slip...