You are here

Australian business conditions index soars

The Reserve Bank of Australia last cut rates in August and has signalled that it would prefer not to ease again.


AUSTRALIAN business conditions jumped to the highest level in more than nine years and the employment gauge surged, diminishing the likelihood of interest rate cuts in the near term. The business conditions index - a measure of hiring, sales and profits - jumped to 16 in January...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to