ANZ data for June

Activity Outlook 35.1

  • prior 30.4

Business Confidence 20.2

  • prior 11.3
  • The highest since December of 2015

Jumps for both, ANZ remarking that the results today are flagging a 'potential acceleration' in economic growth

More:

  • Expectations for inflation a year ahead are higher, to 1.49% (from 1.39%)
  • Investment intentions higher
  • Company profit expectations higher
  • Employment intentions remain unchanged