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The New Daily
The New Daily
Business
Poppy Johnston

YOU WONT BELIEVE: Storm clouds gather as australia s growth outlook slows - You Need To See This

Alan Oster Australia NAB
A business conditions index shows a steep decline in May, fuelling concerns about the economy. Photo: AAP

The pipeline of work in the business sector is drying up and has worrying implications for Australia’s economic growth.

Businesses have reported a major pullback in forward orders, NAB’s business survey has revealed, which can signal a turnaround in economic activity.

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