NAB conditions, confidence indices hit new records

10 May 2021

 

Summary: Business conditions improve in April, hits new record high; confidence also hits record high; “many aggregate indicators reaching new highs”; capacity usage rate increases again; all eight sectors of economy at or above respective long-run averages; implies further falls in jobless rate; 'super-boom' in economy; economists split on inflation outlook.   NAB’s business survey indicated Australian business conditions were robust in the first half of 2018, with a cyclical-peak...

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