The NAB’s June quarter survey of SME businesses (released today) shows both business conditions and confidence up in all states, although SA and WA (in particular) lag behind other states. Nationally, multiple measures of business conditions – particularly trading and profitability – were up, although employment conditions remain “lacklustre”. The business confidence index is up and now exceeds the longer-term national average. The full report is available here.
SA Centre for Economic Studies | Economic Policy Forum