Australian business mood slips

1points Posted 797 days, 10 hours ago by Bronwen

Australian businesses felt less confident in the third quarter as higher interest rates and rising costs took a toll, a survey reported on Tuesday. The National Australia Bank said its business confidence index fell a further 6 points to stand at 2 points in the third quarter, having already fallen by 5 points in the second quarter.

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Source: http://edition.cnn.com/2006/BUSINESS/10/02/australia.survey.…

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