Consumer sentiment recovers only slightly, despite rate cuts
Two consecutive interest rate cuts have failed to boost post-Christmas consumer sentiment, a result economists have called “disappointing.” But slowing inflation means businesses may benefit from more rate cuts in the months to come.
Business conditions rise, experts hope for stabilising economy
Business conditions recovered slightly last month, according to the NAB’s monthly business survey, as many organisations begin to benefit from rising sales, the lower dollar and potential interest rate cuts.
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