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AAP
AAP
Politics
Poppy Johnston

Uncertain outlook hits business confidence

Business confidence has veered into negative territory for the first time this year as an uncertain economic outlook ratchets up concern.

Conditions for running businesses remain robust, however, with the gap between confidence and conditions growing to its widest ever recorded in NAB's business survey.

Manufacturing, construction and retail led the four-point decline in confidence to minus four index points.

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