According to an ANZ client survey run in June.
- Conditions in non-mining sectors were subdued
- Labour market conditions remained soft across both mining and non-mining sectors
- Financial services hiring picked up
- Tight margins being squeezed further in the construction industry
- Only positive for construction was activity in residential property market. Noted as buoyant in NSW
- Retail sector subdued, manufacturing sluggish and tough conditions seen in wholesale sector