The NAB business confidence survey had one telling statistic from my perspective

James Marlay

The NAB business confidence survey had one telling statistic from my perspective. Capital expenditure in the mining sector is at the lowest level since the survey started in 2002. I don't think I fully appreciated how many businesses benefited from the booming mining sector and to a large extent so may have been shocked by how quickly the slowdown has occurred. (VIEW LINK)


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