Australia’s business sentiment broke new records in April in a result National Australia Bank Ltd.’s Alan Oster described as “simply stunning,” with the employment, profitability and trading indicators all surging.
Business confidence climbed to 26 points from an upwardly revised 17 in March, NAB said in a statement Monday. The conditions index — measuring hiring, sales and profits — jumped to 32 points from a revised 24.
New Highs
Both indicators hit record highs in April, broad-based strength
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