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Victorian coronavirus outbreak drives renewed slump in business confidence – ABC News

Business confidence turns sharply negative again, around the country, amid Victoria’s strong wave of coronavirus infections.

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Business confidence has turned sharply negative again, around the country, amid Victoria’s strong wave of coronavirus infections.
Key points:

  • Business confidence in Australia has turned negative again, as Victoria enters stricter lockdowns
  • Confidence is negative in all states except Western Australia and Tasmania
  • Wages in Victoria are falling faster than wages in other states and territories

The deterioration in confidence coincided with Victorian Premier Dan…

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