The NAB Business survey for September is out and both conditions and confidence have firmed a little:
How confident are businesses? The business confidence index edged up to +6 index points in September (from +5) and is back around average after dipping last month.
How did business conditions fare? The business conditions index also increased slightly to +15 index points (from a downwardly revised +14pts last month).
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Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
