Australian business
conditions were little changed in March as sales and employment
held steady in the face of decade-high interest rates, a survey
showed on Tuesday, while price pressures eased. -April 08, 2024 at 09:30 pm EDT
- MarketScreener
By James Glynn SYDNEY Australia business conditions remain positive despite a year of languishing confidence and wider evidence that consumer confidence remains deeply depressed. Business.
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Australia's business conditions edged down one point in March, while confidence gained a point and cost pressures softened further, survey results from NAB showed on Tuesday.
Australia NAB Business Confidence rose from 0 to 1 in March. Business Conditions fell from 10 to 9. Trading Conditions and employment conditions held steady at 15 and 6 respectively. But profitability conditions decline notably from 10 to 6.