Australia’s NAB Business Confidence Index slips to -15 in October 2026

Nov 10, 2026 00:43 (4h ago)

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Australia’s NAB Business Confidence Index fell to -15 in October 2026.
Business conditions reached their weakest level in six years as forward orders declined sharply.
Negative sentiment extended to eight consecutive months amid high borrowing costs and weaker domestic demand.

Australia’s NAB Business Confidence Index fell to -15 in October 2026 from a marginally revised -14 in September, marking its eighth consecutive month of negative sentiment. The survey also showed business conditions at their weakest level in six years, while forward orders dropped sharply, pointing to cooling domestic demand amid high borrowing costs.