Summary: Business conditions steady in June; business less pessimistic, still below average; NAB: leading indicators in the survey point to softness ahead; Westpac: sharp weakening of business conditions evident in May confirmed in June; capacity utilisation rate declines, remains elevated. 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...