Business conditions and confidence edge down

BUSINESS conditions and confidence edged down in February, with a drop in profits and slump in forward orders.

The monthly business survey by NAB shows that confidence has fallen from 3 to 1, while conditions have eased from -2 to -3.

Trading conditions remained flat at 0, but profitability dropped from -2 to -5.

In a worrying sign, the biggest fall was in forward orders, from -4 to -11, the lowest level since May 2009.

The decline in orders is a sign that business activity is likely to remain subdued over the next few months.

Read more at ABC news online.


Community groups rally for homeless

Community groups rally for homeless

Community groups rally for homeless at the Winsome

Art recognises the memory

Art recognises the memory

Gallery plays host to new Art & Dementia Program

Give me Fisherman's Co-op over swanksville any day

Give me Fisherman's Co-op over swanksville any day

hygge is the Danish word for enjoying life's simple pleasures

Local Partners