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ANZ Business Outlook - Off to the Races
SUMMARY • Businesses are more upbeat with regard to the general economy, their own business, profitability and employment; a superfecta. • The “tote” signals a further acceleration in economic momentum, off an already respectable pace . • No change in the entry price: inflation remains low. It’s no longer a bob each way as business confidence continues to lift. A net 28% of businesses are optimistic about the year ahead, up 12 points on the month prior. Service sector firms remain the front-runner. Agriculture has stormed through the field, moving from last to second place. Firms are accelerating out of ... (full story)