Australian business confidence stable in September

Market news

11 October 2016

Australian business confidence stable in September

Business confidence in Australia was fairly unchanged in September, the latest survey from National Australia Bank revealed on Tuesday with an index score of +6.

That was unchanged from the August reading, although it beat forecasts for +5.

The index for business conditions came in at +8, topping expectations for +7, which would have been unchanged.

Deputy Governor of the Reserve Bank of New Zealand, McDermott: the quarterly inflation rate in September was low

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