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Country Focus

Australia: “Goldilocks” NAB Report Validates RBA’s Patience

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Australia’s October NAB Survey showed broad underlying strength, with business conditions and sales hitting multi-year highs. Business conditions rose to +9 from +8, the highest since March 2024, while confidence dipped slightly to +6 but remained above its…

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