Aussie economy stalling
Yesterday’s NAB business survey was pretty ugly. It shows all major components stalling, including employment, which turned outright negative for the first time since 2020. Confidence ouch. Demand crumble. Led by the mighty Hellbourne. Oddly, capacity utilisation is still above the long-term average. Not for long if the rest of the survey is right. Cost-push The post Aussie economy stalling…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
