Australia business conditions weakened to the lowest since late 2023, while confidence showed an upward trend in the second quarter, survey data from NAB showed on Thursday.
The business conditions index declined to 0 index points from 2 in the first quarter. This was the lowest level since the third quarter 2020.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.