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NAB Business Survey Eases
The July NAB survey soured: Business confidence was pared back in July (from +8 to +4). While confidence eased in most industries, much of the change stemmed from mining and construction firms.
In the News
The ANZ-Roy Morgan Research consumer confidence index dipped slightly in the week ended 9 August, falling 0.4 points to 112.5 to be tracking close to the long-run average of around 113 points.