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1.Market Observations, 8.Was Sticky

9 Aug 2017 (TheAge) – Best business conditions in a decade, NAB monthly survey shows

(9 August 2017, The Age, BusinessDay, p24, Eryk Bagshaw)

‘Business conditions have reached their highest level in a decade while consumer confidence stagnates, highlighting the widening gulf between the profit prospects of business and workers struggling with low wage growth. The National Australia Bank monthly business survey of more than 400 firms, released on Tuesday, found conditions had risen by one point in June to their highest level since early 2008.’

Read more at TheAge.com.au

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