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Economics

Government to blame for fall in business confidence

Business conditions are gradually improving, but confidence is moving in the opposite direction because businesses have been disappointed at the government's performance, Bank of America Merryll Lynch chief economist Saul Eslake said at the Financial Standard Chief Economist Forum in Sydney.

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Read more: SydneyBankSaul EslakeAmerica Merryll LynchFinancial Standard Chief Economist ForumAustraliaInvestmentAsia Mark TinkerAXA Investment Management headBob BaurChristopher ProbynEconomicsFinancial Services CouncilGlobal InvestorsJames BondReserve BankSeptember 2013State Street Global AdvisorsTim Harcourt