Global Finance News
14 Jul 2026, 09:29
Australia NAB Business Confidence Improves in June but Remains Negative
Australian business confidence improved in June but remained in negative territory, highlighting that firms are still cautious despite a modest improvement in sentiment.
The National Australia Bank (NAB) Business Confidence Index rose to -5 in June from -14 in May, marking a notable rebound from the previous month. While the result exceeded the prior reading, confidence remains below zero, indicating pessimists still outnumber optimists among Australian businesses.
Australian business confidence improved in June but remained in negative territory, highlighting that firms are still cautious despite a modest improvement in sentiment.
The National Australia Bank (NAB) Business Confidence Index rose to -5 in June from -14 in May, marking a notable rebound from the previous month. While the result exceeded the prior reading, confidence remains below zero, indicating pessimists still outnumber optimists among Australian businesses.
