South Australian business confidence falls after interest rate hold

South Australian business confidence falls after interest rate hold

South Australian business and consumer confidence has reportedly dipped in the last month, since the Reserve Bank held interest rates, according to a BankSA survey. Despite a slight decrease in the overall consumer and business confidence in the region indexed from March – which stands above the 100-point benchmark at 106.3 points and 116.8 points, respectively – the current sentiment of consumers and businesses is more optimistic than pessimist…