Australia's business sentiment muted ahead of global trade shifts: NAB
Australia’s business conditions remained slightly below average in March, with steady overall indicators. Profitability rose modestly, offset by weaker trading and employment. Confidence dipped further into negative territory. Capacity utilisation climbed to 82.9 per cent, led by goods-producing sectors. The survey predates US tariff announcements, which may impact future sentiment.
Australia’s business conditions remained slightly below average in March, with steady overall indicators.
Profitability rose modestly, offset by weaker trading and employment.
Confidence dipped further into negative territory.
Capacity utilisation climbed to 82.9 per cent, led by goods-producing sectors.
The survey predates US tariff announcements, which may impact future sentiment.
