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NAB Group Economics

NAB Group Economics

“A leading team of economists who provide updates on domestic, international and industrial economic trends”

NAB’s Group Economics consists of a leading team of economists who provide accurate, timely and relevant updates on domestic, international and industrial economic trends.

Headed up by the Group Chief Economist, Alan Oster, the team is comprised of three distinct departments:

- Australian economics and commodities
- International economics
- Industry economics

The team publish a wealth of content including reports, surveys, forecasts and indexes.

RECENTLY PUBLISHED ARTICLES

The NAB Monthly Business Survey was a little softer in May, but still points to a healthy business sector. Business conditions are elevated and confidence is holding up above long-run average levels.

Get the latest monthly update on housing market conditions around Australia.

Global upturn remains in place although momentum stalled in early 2017

Financial anxiety eases but 4 in 10 consumers still experienced some form of financial hardship in the last 3 months. Financial anxiety continues to be a bigger issue for young people (particularly women) and low income earners.

Business versus households – how will the situation resolve itself?

Australian economy ekes out modest growth in Q1

Business conditions remain elevated, but confidence pulled-back from multi-year highs.

New data released by NAB today shows that spending on consumption-based goods and services by NAB customers slowed to 2.0% over the year to Q1 2017, from 3.1% over the year to Q4 2016.

Online sales slower over the year, contract in the month

OPEC deal was extended a further nine months despite low prices.

NAB’s Consumer Anxiety Index – which measures concerns about future spending and savings arising from job security, health, retirement, cost of living and government polices – fell to a survey low 55.9 points in Q1 2017 (58.7 in Q4 2016).

Now in its 6th year, the index highlights trends in giving and helps inform charities’ fundraising strategies.

Get the latest monthly update on housing market conditions around Australia.

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