14 Jun 2017
Aus business conditions eased: but growth on an uneven footing - ANZ
Analysts at ANZ explained that Australian business conditions eased slightly in May, with the profitability and employment components falling back.
Key Quotes:
"Despite the small monthly fall, conditions remain around the strongest levels since the GFC, with noticeable trend improvements in the previously weak states of South and Western Australia."
"Nonetheless, the persistent divergence between the business sector and households suggests that Australia’s economic growth will remain on an uneven footing."