Australia business conditions slide to 6-year low in August
A National Australia Bank survey showed a measure of Australian business conditions slipped to six-year lows in August, as cost pressures squeezed profit margins and firms worried about further interest-rate increases.
A measure of Australian business conditions fell to six-year lows in August as cost pressures squeezed profit margins and firms worried about the chance of further increases in interest rates, a survey showed on Tuesday. The National Australia Bank survey showed its index of business conditions…