From NAB:
Business confidence rose to its highest level since mid-2019, led by a large gain in Victoria. This was likely driven by the fall in COVID-19 case numbers and looming end of lockdown in Melbourne. By industry, recreational & personal services and construction saw notable increases. However, while the improvement in confidence is encouraging, the results across other survey variables (and regions) were mixed. While Vic saw a significant improvement in conditions, there were notable declines in SA, Qld and WA.
Trading conditions and profitability drove the marginal improvement in conditions, but the employment index remains weak at -5 index points, suggesting the labour market is lagging the recovery in activity.