Australia's NAB Quarterly Business Confidence rises from -6 to -2, indicating increased optimism and potential economic growth.
Australia's business confidence improves, with NAB Quarterly Business Confidence rising from -6 to -2, reflecting increasing optimism about future prospects. The uptick could boost investment and economic growth, potentially driving the country's post-pandemic recovery. Easing cost pressures and a positive shift in business sentiment are contributing factors to the improved confidence.
April 18, 2024
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