Business confidence down despite RBA cut
By Guillermo Troncoso · 10 March 2015 · Economy
By Guillermo Troncoso · 10 March 2015 · Economy
The Reserve Bank's rate cut was meant to boost the economy, but a new report reveals a surprising decline in business confidence. Could this be a sign of a bigger issue on the horizon?
Roy Morgan Research’s Business Confidence February results have revealed a decline, despite the RBA’s move to lower the cash rate to 2.25 per cent.
Tags: Business, Business Confidence, Confidence, Economy, Growth, Investing, outlook, roy morgan research