Business confidence lifted in March amid signs the US and European economies were improving, a private sector survey has shown. The National Australia Bank (NAB) Business Survey, published on Tuesday, showed that overall business confidence rose two points to reach plus three points in March. That means that, on balance, more businesses were positive about the economic outlook than negative. However, the confidence level remains below its long-term average of plus six points. NAB said that positive economic data from the US, signs the European economy was improving and a lower Australian dollar helped boost ... (full story)