ANZ Business confidence for September, 13.4%

  • prior was 24.4

ANZ Activity Outlook for September, 37.0%

  • prior was 36.6

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From ANZ:

SUMMARY

  • Business confidence continues to retreat. Blame it on pre-election politics
  • Broader survey indicators in regard to activity, employment and investment remained robust; this tells us that firms are getting on with it
  • Forward gauges remain consistent with solid growth and low inflation; that’s a nice mix