15.10.2025 23:22
Australia's economic sentiment recently demonstrated a notable rebound, as the National Australia Bank (NAB) revealed a significant uptick in business confidence. For the third quarter, the confidence index surged to 7, marking a considerable improvement from the preceding quarter's negative reading of -1. This robust gain suggests a revitalized optimism among enterprises, a development observed across numerous internet reports.
Concurrently, market attention now pivots towards the impending release of the September monthly employment report, slated for 0:30 GMT. Experts widely anticipate another conservative outcome, consistent with the modest labor market trends witnessed over the past few months. The Australian Bureau of Statistics is expected to disclose that the nation generated approximately 17,000 new positions during September, while the Unemployment Rate is broadly projected to stabilize at 4.3%, indicating a persistent, albeit somewhat constrained, pace of job growth.
