With softening business conditions and economic growth subdued, commercial property market sentiment remained negative in the September quarter
Insight
Business confidence lifted again in the month of June – the highest level since September 2013. Confidence is now positive in all industries except mining and business conditions improved even more, in June – the highest level since last October.
Implications for NAB forecasts (See latest Global and Australian Forecasts report also released today):
For further details, please see the attached documents.
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