National Australia Bank Business Survey for March is due at 0130 GMT

Business conditions,

  • prior was 21
  • a record high
  • the retail sector was its best in 8 months

Business confidence

  • prior 9
  • financial market volatility in February saw it drop from January's 12

While NAB does not provide a previews, this via ANZ:

We believe Australian business conditions remained around record levels in March.

  • Other surveys in the month show further strength in the manufacturing sector, which tends to act as a bellwether for the broader economy.

The details around capacity utilisation and profitability have been encouraging for some time, and further positive results will bode well for ongoing labour market strength.