NAB’s business confidence survey drops

11 August 2015

 

Business confidence has eased according to NAB’s July survey, with the index falling to 4 from its previously recorded figure of 8. As part of the survey, NAB also measures business conditions and this index also fell 4 points to 6. NAB said much of the change in confidence came from mining and constructions firms and could be linked to growing concerns about China. NAB’s chief economist Alan Oster said,...

read full story