Confidence eases but conditions and outlook remain strong.

It’s clear that with unemployment close to full employment levels and inflation way above target and forecast to rise higher, Australian interest rate settings should no longer be anywhere close to the emergency low settings implemented in the pandemic.

Conditions rise further on Recreation & Personal Services recovery.

Omicron weighed on SME conditions and confidence in Q1.

Conditions surge higher as costs, prices hit records.

Confidence and conditions pull back but remain resilient.

COVID disruptions have continued but State economies have been resilient and labour markets are strong.

Activity, employment strengthen as prices push higher.

SME businesses shared in post-Delta rebound

Conditions deteriorate as Omicron peaks.

Pre-Omicron economy was confident but facing constraints.

Omicron dampens confidence, price pressures continue.

Conditions stabilise as reopening progresses

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