Australia business conditions improve, but new lockdown slugs sentiment - survey

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A measure of Australian business conditions rose in July as the service sector rebounded from a national lockdown, but confidence was badly hit by a renewed outbreak of coronavirus in the second most populous state of Victoria.

FILE PHOTO: A shopper carries a bag displaying the word 'Sale' as he walks along a footpath outside a retail store in central Sydney, Australia, September 11, 2018. REUTERS/David Gray

The index of sales firmed to +1, from -6, and profitability to +2 from -8. Employment improved to -2, from -11 in June. A weekly survey of consumer confidence from ANZ out on Tuesday showed sentiment had slipped for a seventh straight week as the latest lockdown took a heavy toll on Victorians.

 

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It would have helped he situation if Donald Trump didn't tell people that masks make no difference, or people need to get out and exposed to Covid-19 as a matter of course so that whom ever dies, dies. What kind of preventative measure is this?

Australia's only real economy is mining You cant live forever on digging a hole only? They will all wake up to a real harsh reality soon..

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