The full-month June ANZ Business Outlook Survey overall showed a similar picture to the preliminary read, but with some nuances: • Bouncing: commercial construction intentions. • Slowly lifting: own activity, residential construction intentions, employment intentions, expected profitability, activity vs. a year ago, employment vs. a year ago. • Fading: expected costs. • Steady: business confidence, export intentions, investment intentions, capacity utilisation, pricing intentions, ease of credit, inflation expectations. {images} Although one must be wary of monthly volatility, some broad themes are clear: • On the ... (full story)