‘Bit of a conundrum’: contradictory economic signs make RBA rate prophecies difficult

Surveys point to two-track economy with low consumer confidence but business in a relatively strong position to weather any slowdown

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Is the Australian economy on a recessionary knife-edge or holding up well despite a dozen domestic interest rate rises and those global headwinds we've been hearing all about?

A slew of economic surveys, including several out on Tuesday, point to contradictory trends that signal either deepening despair or remarkable resilience.