Economy
Services sector contracts for fourth consecutive month
The performance of the Australian services sector continues to be uninspiring, with political uncertainty surrounding Australia’s hung parliament impacting on demand in August.
Tag: Performance Of Services Index
Economy
Australian services sector on verge of collapse
Australia’s services sector continues to contract as the Federal Government’s fiscal stimulus dries up and the Reserve Bank’s interest rate increases impact the services sector.
Economy
Services sector continues to suffer
The services sector continues to contract, with a fall in new orders and decreasing selling prices keeping the services sector in negative territory in the June Performance of Services Index.
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