Tag: Nab Survey

From interest rates to inflation to business confidence, we take a look at the key numbers affecting Australian businesses this month.

Business confidence dipped as conditions eased, hovering just below their long-term average after two years of above-average performance. 

Even before the floods in December and January, business confidence was already on the wane, according to the quarterly business survey released by the National Australia Bank on Tuesday. The survey of 900 businesses found there was a drop in the business confidence index from 9 points in the third quarter to 5 points in the fourth quarter, with a decline in profitability, sales and trading being significant factors.