-
Australia business activity weakened in Sept - survey
Australian business conditions weakened in September as retailers and wholesalers suffered from slack demand, while inflationary pressures remained very subdued, adding to the case for further cuts in interest rates. A monthly survey of around 400 firms by National Australia Bank found firms complaining of a high local dollar, tighter fiscal policy and softer commodity prices. As a result the survey's main measure of business conditions fell 3 points in September to stand at -3, some way below its long-run average. In contrast, the index of business confidence rose 3 points to stand at 0, reversing much of the fall ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 8, 2012 8:40pm Oct 8, 2012 8:40pm
- FortuneRider
- | Joined Nov 2011 | Status: Member | 170 Comments
- Comment #2
- Quote
- Oct 8, 2012 10:40pm Oct 8, 2012 10:40pm
- PipLegend
- | Additional Username | Joined Jun 2012 | 8 Comments
To Write Sonnets On Soliloquies In A Fortress Of Solitude
- Comment #3
- Quote
- Oct 8, 2012 11:43pm Oct 8, 2012 11:43pm
- billv
- Joined Dec 2011 | Status: Member | 1068 Comments
Have a nice day