Business confidence in Australia came at 5 vs 6, while business conditions stood at 9 vs 12. As NAB notes, while this month’s business survey saw both business conditions and confidence retrace some of the strong gains, overall outcomes continue to point to a business environment that is highly favourable to Australian firms. NAB Monthly Business Survey - April 2016 The NAB Business Survey continues to point to a very favourable business environment for Australian firms, despite giving back some of the strong gains witnessed in last month’s survey. Service industries have persistently been the best performers, ... (full story)