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Business confidence in Australia was roughly unchanged in the third quarter of 2014, the latest survey from National Australia Bank revealed on Thursday, with a score of +6 - unchanged from the previous three months.
The index for business conditions moved up to +3 from +1 in the second quarter, while the outlook for business conditions also inched higher - from +24 to +25.
"Both consumers and business remain cautious about spending, despite encouragement from very low interest rates, which is unsurprising given slower rates of income growth," NAB said.
