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AAP
AAP
Poppy Johnston

Economy 'not dying' but firms ready for tough times

Consumers are feeling a bit more confident but businesses are wary of the future. (Dan Peled/AAP PHOTOS)

Promising economic news has lifted the spirits of Australian consumers though businesses are more cautious and bracing for a lean six months ahead.

The business sector has proved resilient to economic challenges locally and abroad, but recent polling by National Australia Bank suggests confidence and conditions are now tracking below long-term averages.

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