From NAB:
How confident are businesses? The business confidence index fell 2pts to +7 index points and is now only just above its historical average of 6 index points. The survey was conducted shortly after US President Trump’s announcement of tariffs on at least $50 billion of Chinese imports, which may have affected sentiment.
• How did business conditions fare? The business conditions index declined by 6pts to +14 index points more than giving up its gains in the previous two months. Nevertheless, it remains well above its historical average of +5.5 index points and was unchanged in trend terms.