NAB’s Wellbeing Index rebounded solidly in the June quarter, after falling to its lowest point in the history of the survey. Pressures remain. But the effort required has eased.
Report
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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