Let's get down to business

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After running through the highlights of the latest CoreLogic Home Value Index results for October, Nick and Kelvin delve into all the relevant data, assessing the state of our economy and business sector.

There's filled jobs data, highlighting the weakness across the labour market, detailed by @MusicalChairs14 on a twitter thread and discussed by the guys. 

Kelvin also took the time to delve into the latest release from the Xero Small Business Insights showing ongoing declines in sales and increases in firms downsizing their workforce.

Things don't look great from a business perspective, however there's reason for optimism when analysing the ANZ business confidence survey, in particular expectations of future activity and inflation.

A lot to take on board, and that's without considering the detail within each of the above releases when it comes to the construction industry, alongside signs building consents may be at or approaching a respectable trough.

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