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Business survey shows reduced confidence but hopeful conditions

A NAB branch sign and ATM in Sydney

A NAB branch and ATM in Sydney Source: AAP

The NAB Business Survey, one of the four pieces of economic data which that Reserve Bank of Australia has said it would pour over before deciding on a possible pause on interest rate rises, has been released. While it showed confidence is sliding, conditions are still strong, like profitability and employment outcomes.


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