08-07-2025
Australia Business Conditions and Confidence Jump Ahead of RBA Decision
Australian business conditions jumped as sales, profitability and employment surged while confidence also climbed, suggesting a recovery in the corporate sector may be unfolding in line with the Reserve Bank's easing cycle.
Business conditions rose 9 points last month to the highest level in more than a year, National Australia Bank Ltd. said in a report on Tuesday. Confidence increased 3 points, its third monthly gain. Forward orders rose 2 points while capacity utilization advanced to 83.3.
