Australian business confidence and conditions data for June due today - preview

National Australia Bank business survey for June coming up at 0130GMT

• business conditions prior -24
• business confidence prior -20

Via ANZ:

• we expect that business conditions continued to improve from their April low, with restrictions progressively easing across most of Australia and spending continuing to recover.
• But worryingly, although AiG's performance indices showed some strengthening in manufacturing and construction during the month, services showed no improvement.

WPAC:

• Following a 10pt improvement to -24 in May's NAB business sentiment survey, the pace of decline is set to ease further in June.
• ATO/ABS weekly payroll data for the week ending 27 June has been stable in recent weeks, but is still down 6.4% from pre-COVID levels (prior: 0.0%)