Business confidence remains very weak despite a rebound in the month.

No state or territory will be spared from COVID-19 economic fall-out.

Business confidence saw its largest decline on record and is now at its weakest level in the history of the NAB Monthly Business Survey.

Consumer anxiety and spending behaviours are changing rapidly in response to coronavirus fears and self-isolation.

Confidence heads lower and Conditions now neutral.

We’ve constructed a leading index of unemployment based on the predictive power of a very large number of official and surveyed indicators.

Special survey on the second round impact of recent bushfires.

The final monthly business survey of 2019 provides further evidence that activity stabilised in Q4.

The cost of living remains the single biggest driver of consumer anxiety, despite low levels of economy-wide inflation. To understand why, we asked Australians to tell us which costs are adding most to their living expenses.

Business conditions tracked sideways in the month, and appear to have stabilised at low levels, after declining significantly between mid-2018 and 2019.

Conditions and confidence each saw a small improvement in the month with conditions edging up 1pt and confidence lifting 2pts – though both remain below average.

Consumer anxiety rises as concerns over the economy grow.

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