Note, we get this data monthly from the NAB, so today’s data based on q/q change is old news.
- Comes in at 6
- prior was 6, so no change
- Conditions at +3 (from +1 in Q2)
- Capex plans for the next 12 months is at +22 (from +21 in Q2)
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The latest of the monthly releases is here: Australia – NAB business confidence September 5 (vs. previous was 7)
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The quarterly survey does have the advantage of more respondents (surveys 600 companies)
