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CreditorWatch Blog

Construction industry shows August expansion

Construction industry shows August expansion

After declining or remaining stable for 9 months, Australia’s construction industry expanded during the month of August. The Australian Performance of Construction Index (Australian PCI) increased by 6.7 points to 53.8. Readings above 50 indicate an expansion in activity. The expansion has been driven by improvements in the new orders and activity sub-indexes, as well […]

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Post-budget business confidence holds, but nevertheless poor

Post-budget business confidence holds, but nevertheless poor

Australian business confidence continues to stay around the level it hit following the Government Budget unveiled in May, yet it still remains below the five-year average of 117.2. The latest figures released from Roy Morgan Research’s Business Confidence report revealed a 114.8 result in June, which follows a jump of 9.6 points to 114.7 in […]

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