ANZ's latest business outlook survey showed headline confidence rising 21 points in May to a net 10 percent positive.
about 1 hour ago
ANZ said inflation indications were also slightly lower. (File photo)
Business confidence has lifted this month, although it remains well below levels prior to the Middle East conflict.
ANZ's latest business outlook survey showed headline confidence rising 21 points in May to a net 10 percent positive.
The closely followed expected own activity - a key measure of future demand - rose 6 points to net 26.6 positive, while past activity eased slightly.
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The ANZ-Roy Morgan Consumer Confidence Index rose to 86.5, recovering from April's drop but still well below the neutral 100 mark.
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