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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

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

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The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.

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The July NAB Monthly Business Survey showed a continuation of the strong run enjoyed by the business sector. Business conditions rose to their highest level since early 2008, while confidence also strengthened.

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Global growth heading back toward trend after soft first quarter.

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No imminent return to “neutral”

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Conditions continue their strong run, bolstering business confidence.

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An improving demand outlook and USD weakness are lending support to much of the commodity complex.

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Online sales still growing, albeit slower over the month and year.

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SME business conditions eased in Q2 while leading indicators remained mixed.

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NAB Group Chief Economist Alan Oster says that commercial property sentiment continues to vary widely by sector.

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The business sector continues to look upbeat, both with respect to current business activity – also evident in the NAB Monthly Business Survey – and importantly, the near-term outlook.

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The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.

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Revisions to real GDP growth forecasts this month largely reflect a stronger than expected rebound in coal exports following disruptions from Cyclone Debbie in Q1. Further out, we have not fundamentally changed the tone of our outlook.

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