NAB June business surveys

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22 July 2015

 

NAB released its monthly business confidence and business conditions surveys and both showed a big increase. Conditions increased 5pts to 11pts and confidence increased 2pts to 11pts. Lower interest rates, a lower dollar and a good reaction to the Federal budget all contributed to more positive survey results. NAB said “Improvements in both confidence and conditions over recent months are starting to suggest a more convincing turnaround in the non-mining...

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