Overall, the message you come back with is, business conditions, activity, was pretty good, although there's still doubts about whether this is going to continue for a long time.
More Quotes from Alan Oster:
The Reserve Bank will continue to monitor higher short-term inflation risks from oil against slowing economic activity. While the bank might engage in occasional bouts of jawboning, we see little prospect of rates moving in either direction for some considerable period.Alan Oster
In summary, the survey points to a significant pick-up in economic growth in the first quarter of 2006.
Alan Oster
Business concerns about the potential for a sharp fall in future activity have continued to ease.
Alan Oster
On transport, it is one of the few sectors that has continued to deteriorate through the quarter, no doubt reflecting the impact of higher oil prices on costs and profitability.
Alan Oster
On the other hand, export volumes benefit from increased capacity and a lower Australian dollar partly offset by some moderation, but sustained trading partner growth during 2006-2007.
Alan Oster
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