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.


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.

First home savers, downsizers and small business are winners in Federal Budget 2017.

The Federal Budget offered small business measures to boost competition, reduce red tape and extend the asset write-off.

The NAB Monthly Business Survey posted another strong result in April, with both business conditions and confidence improving – pointing to ongoing strength in business activity in the near-term.

Online sales faster in the month but slower over the year.

Economy regained its footing over 2016 GDP. It grew in each quarter in 2016… the first year this has occurred in since 2005.

While the Government has abandoned its previous higher education policies, university fees are on the rise as are loan repayments.

It’s a mixed bag for health in this Federal Budget. Some strong measures will stabilise the sector – but they’re still too short term.

Conditions were again strong in essential services including health, property, finance, transport and business services.

Sentiment in commercial property markets continues to vary widely across states.

Australians remain highly anxious. While having more money might solve some of our concerns, it would do little to solve some of the biggest detractors of wellbeing. But, it could help close the “wellbeing gap” between high and low income earners.

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