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AMW: Delving deeper into the NAB Survey on costs & prices

AMW: Delving deeper into the NAB Survey on costs & prices

17 May 2022

It’s clear that with unemployment close to full employment levels and inflation way above target and forecast to rise higher, Australian interest rate settings should no longer be anywhere close to the emergency low settings implemented in the pandemic.

AMW: Delving deeper into the NAB Survey on costs & prices
NAB Monthly Business Survey: October 2019

NAB Monthly Business Survey: October 2019

12 November 2019

Conditions and confidence each saw a small improvement in the month with conditions edging up 1pt and confidence lifting 2pts – though both remain below average.

NAB Monthly Business Survey: October 2019
NAB Monthly Business Survey: September 2019

NAB Monthly Business Survey: September 2019

8 October 2019

Business conditions rose 1pt in September to +2 index points. This continues the below average run of business conditions but suggests that the trend weakening since mid-2018 has slowed.

NAB Monthly Business Survey: September 2019
NAB Monthly Business Survey: July 2019

NAB Monthly Business Survey: July 2019

13 August 2019

We're seeing below average confidence and conditions. The picture remains unchanged since last month - business sector has lost significant momentum since early 2018 and forward looking indicators don't point to an improvement in the near term.

NAB Monthly Business Survey: July 2019
State Economic Handbook: April 2019

State Economic Handbook: April 2019

18 April 2019

Deterioration in conditions in most states, with current momentum negative. Household sector weakness evident, investment still ok (outside mining), while agri. facing easing prices and needs rain. Housing sector downturn, population growth centred on the eastern states, agricultural prices easing.

State Economic Handbook: April 2019
NAB Monthly Business Survey: February 2019

NAB Monthly Business Survey: February 2019

12 March 2019

Business conditions fell by 3 pts to +4 index points in February, driven by declines in profitability (now +1) and trading (+8) sub-indexes. Employment was unchanged at +5. Confidence fell 2pts in the month to +2 index points.

NAB Monthly Business Survey: February 2019
NAB SME Business Survey: Quarter 3 2018

NAB SME Business Survey: Quarter 3 2018

25 October 2018

Small and Medium Enterprise (SME) business conditions edged lower in Q3 2018 to +11, while SME business confidence fell to +2pts. While conditions have eased over the past two quarters, they remain well above average, though confidence has declined to below average levels.

NAB SME Business Survey: Quarter 3 2018
NAB Monthly Business Survey: September 2018

NAB Monthly Business Survey: September 2018

9 October 2018

Business conditions seem to have stabilised at high levels in recent months following some sharp falls earlier and the dip in confidence last month appears to have been temporary.

NAB Monthly Business Survey: September 2018
NAB Monthly Business Survey: August 2018

NAB Monthly Business Survey: August 2018

11 September 2018

The business conditions index rose by 2pts to +15 index points in August, recovering some of the ground lost in recent months. Business confidence fell 3pts to +4 index points and is now below average.

NAB Monthly Business Survey: August 2018
NAB Customer Spending Behaviours: Q2 2018

NAB Customer Spending Behaviours: Q2 2018

30 August 2018

Total NAB customer spending grew 5.6% y/y in Q2 2018, down from 6.8% in the previous quarter and 3.9% in the same quarter a year ago. It grew faster in metropolitan (6.5%) than regional (5.1%) areas.

NAB Customer Spending Behaviours: Q2 2018
NAB Consumer Behaviour Survey Q2 2018

NAB Consumer Behaviour Survey Q2 2018

23 August 2018

Consumer anxiety up steeply in Q2. Overall spending tightens as concerns about the economy and our household financial positions grow. Spending on utilities a key expense, and growing.

NAB Consumer Behaviour Survey Q2 2018
NAB Monthly Business Survey: July 2018

NAB Monthly Business Survey: July 2018

14 August 2018

The business conditions index fell by 2pts to +12 index points in July, continuing its run of declines since April. Business confidence ticked up 1pt to +7 index points, an around average level.

NAB Monthly Business Survey: July 2018
NAB Monthly Business Survey: June 2018

NAB Monthly Business Survey: June 2018

10 July 2018

The business conditions index ticked up by 1pt to +15 index points in June, after easing in the previous month. The business confidence edged down 1pts to +6 index points, to be around its long-run average level.

NAB Monthly Business Survey: June 2018
NAB Online Retail Sales Index: May 2018

NAB Online Retail Sales Index: May 2018

3 July 2018

NAB Online Retail Sales Index (NORSI) slowed slightly in May (+1.2% mom s.a.) from stronger growth in April (1.6%). 12 months to growth was also slower in May, with sales up 17.2% compared to April’s 12 month to growth of 18.4%. While slowing, trend online retail sales is still much stronger compared to the same period a year ago.

NAB Online Retail Sales Index: May 2018
NAB Monthly Business Survey: May 2018

NAB Monthly Business Survey: May 2018

12 June 2018

The business conditions index decreased by 6pts to +15 index points, easing back from the historical highs seen in April. The business confidence index fell by 5pts to +6 index points, to be around its long-run average level.

NAB Monthly Business Survey: May 2018
NAB Customer Spending Behaviours: Q4 2017

NAB Customer Spending Behaviours: Q4 2017

4 May 2018

Total NAB customer spending accelerated to 5.0% y/y in Q4 2017, from 3.0% y/y in the previous quarter with spending growth up across all metropolitan and regional areas.

NAB Customer Spending Behaviours: Q4 2017
NAB Quarterly Consumer Behaviour Survey Q1 2018

NAB Quarterly Consumer Behaviour Survey Q1 2018

26 April 2018

Insights into the mindset of Australian consumers – anxieties around future spending and savings plans, household finances, the economy, financial concerns & how these are impacting spending behaviours and levels of financial hardship.

NAB Quarterly Consumer Behaviour Survey Q1 2018
NAB Monthly Business Survey: February 2018

NAB Monthly Business Survey: February 2018

13 March 2018

The business conditions index moved 3pts higher to +21 index points. This is a record high since the monthly survey commenced in March 1997, although the same measure in NAB’s quarterly survey reached this level in 1994.

NAB Monthly Business Survey: February 2018
What do SMEs really think about their accountants?

What do SMEs really think about their accountants?

26 February 2018

Accountants should be reassured that most SMEs view them as trustworthy. Yet, at the same time, they may wish to reconsider how they can better help their business clients. NAB’s inaugural Australian Accounting Industry Survey offers telling insights into what accountants are doing well – and where they could better respond to what their customers need and value.

What do SMEs really think about their accountants?
NAB Quarterly Business Survey: December Quarter 2017

NAB Quarterly Business Survey: December Quarter 2017

8 February 2018

The quarterly NAB Business Survey gives a more in-depth probe into the conditions facing Australian business than the monthly survey, and also provides extra information about how firms perceive the outlook for their respective industries.

NAB Quarterly Business Survey: December Quarter 2017
NAB Quarterly Consumer Behaviour Survey: Q4 2017

NAB Quarterly Consumer Behaviour Survey: Q4 2017

7 February 2018

NAB’s Consumer Anxiety Index* was basically unchanged in Q4 2017 at near survey lows with job security causing Australians the least stress, consistent with a strongly improving labour market.

NAB Quarterly Consumer Behaviour Survey: Q4 2017
State Economic Handbook: October 2017

State Economic Handbook: October 2017

17 October 2017

Economic growth in most states is expected to strengthen somewhat in 2017-18 before moderating a little in 2018-19 as dwelling investment and LNG exports peak.

State Economic Handbook: October 2017
NAB Consumer Behaviour Survey: Q2 2017

NAB Consumer Behaviour Survey: Q2 2017

27 September 2017

Insights into the mindset of Australian consumers – their anxieties around future spending and savings plans, what drives these concerns and how they are impacting actual spending behaviours and financial hardship.

NAB Consumer Behaviour Survey: Q2 2017
NAB Labs Innovation Index 2017

NAB Labs Innovation Index 2017

20 September 2017

Australia’s next phase of growth must be defined by ideas, creativity and execution. Our future lies in our ability to foster a culture of innovation. But how do we measure innovation across all sizes and types of business?

NAB Labs Innovation Index 2017
Millennials a generation of entrepreneurs

Millennials a generation of entrepreneurs

1 August 2017

Millennial SME owners are far more focused on growth and digital platforms than other generations, according to a new report released by NAB. But can they handle the ongoing pressure of entrepreneurship?

Millennials a generation of entrepreneurs
NAB Quarterly Business Survey: June 2017

NAB Quarterly Business Survey: June 2017

20 July 2017

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.

NAB Quarterly Business Survey: June 2017
Aussie small businesses set to expand

Aussie small businesses set to expand

17 July 2017

While almost half of SMEs are set to expand in the coming years, they’re feeling the pressure of competition, according to a new report released by NAB.

Aussie small businesses set to expand
Gold in focus: July 2017

Gold in focus: July 2017

13 July 2017

Gold began 2017 strongly, up 8% in the first half - despite falling 2% in June. This weakness has continued into early July, with the strong US payrolls data exerting further weakness on gold. However, gold received some support following Fed Chair Janet Yellen’s semi-annual testimony, which the markets interpreted as somewhat dovish.

Gold in focus: July 2017
NAB Monthly Business Survey: June 2017

NAB Monthly Business Survey: June 2017

11 July 2017

Business conditions hit another multi-year high, with most industries performing well. Stronger trading conditions (sales) and profitability drove the improvement, while employment conditions were steady.

NAB Monthly Business Survey: June 2017
SMEs redefine success and customers come out on top

SMEs redefine success and customers come out on top

27 June 2017

Customer satisfaction, becoming a viable business and surviving tough economic conditions are the top three moments that matter for Australian SMEs, according to a new report released by NAB. And while almost half of SMEs are set to expand, they’re feeling some pressure.

SMEs redefine success and customers come out on top
Financial Anxiety Survey: Q1 2017

Financial Anxiety Survey: Q1 2017

15 June 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.

Financial Anxiety Survey: Q1 2017
NAB Consumer Behaviour Survey: Q1 2017

NAB Consumer Behaviour Survey: Q1 2017

24 May 2017

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).

NAB Consumer Behaviour Survey: Q1 2017
NAB Monthly Business Survey: April 2017

NAB Monthly Business Survey: April 2017

8 May 2017

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.

NAB Monthly Business Survey: April 2017
NAB Australian Wellbeing Index: Q4 2016

NAB Australian Wellbeing Index: Q4 2016

26 April 2017

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.

NAB Australian Wellbeing Index: Q4 2016
NAB Monthly Business Survey: January 2017

NAB Monthly Business Survey: January 2017

14 February 2017

The strength witnessed in last month’s NAB Monthly Business Survey continued into January, with both business conditions and confidence jumping to much higher levels.

NAB Monthly Business Survey: January 2017
NAB Monthly Business Survey: December 2016

NAB Monthly Business Survey: December 2016

31 January 2017

Business confidence has held up quite well and is remarkably steady given the context of major uncertainties both at home and abroad. That said, the level of confidence has not picked up to reflect the overall strength in business conditions seen over the past year or more.

NAB Monthly Business Survey: December 2016
NAB Monthly Business Survey: October 2016

NAB Monthly Business Survey: October 2016

8 November 2016

Business confidence has proven to be relatively resilient this year, but did moderate in October – falling 2 points to +4 index points (below the long-run average of +6).

NAB Monthly Business Survey: October 2016
NAB Quarterly Business Survey: September 2016

NAB Quarterly Business Survey: September 2016

20 October 2016

The quarterly iteration of the NAB Business Survey provides additional valuable insight into Australian business than the regular NAB Monthly Business Survey. This publication offers a more in-depth probe into the conditions facing Australian business.

NAB Quarterly Business Survey: September 2016
The Forward View – Australia: October 2016

The Forward View – Australia: October 2016

14 October 2016

The outlook for the labour market is key. While we continue to expect the unemployment rate to remain in its recent range between 5½% and 5¾%, the recent softening in trend employment growth bears close watching.

The Forward View – Australia: October 2016
NAB Monthly Business Survey: August 2016

NAB Monthly Business Survey: August 2016

13 September 2016

The results from this month’s survey remain broadly consistent with our prior view of the economy and the near-term outlook. It points to a patchy, but sustained, improvement in the non-mining economy, with the major services sectors and construction leading the way.

NAB Monthly Business Survey: August 2016
NAB Monthly Business Survey:  July 2016

NAB Monthly Business Survey: July 2016

9 August 2016

Business sentiment has shown great resilience to external shocks in the July NAB Monthly Business Survey, with firms choosing to remain focussed on the positive trends within their own business.

NAB Monthly Business Survey:  July 2016
NAB SME Business Survey: June 2016

NAB SME Business Survey: June 2016

28 July 2016

The NAB SME Survey revealed very strong results across a wide range of indicators in Q2, suggesting that the non-mining recovery is broadening to include smaller businesses.

NAB SME Business Survey: June 2016
NAB Quarterly Business Survey:  June 2016

NAB Quarterly Business Survey: June 2016

21 July 2016

The NAB Quarterly Business Survey provides valuable insight into Australian business, and offers a more in-depth probe into the conditions facing Australian business than the monthly survey, and also provides extra information about how firms perceive the outlook for their respective industries.

NAB Quarterly Business Survey:  June 2016
NAB Monthly Business Survey: May 2016

NAB Monthly Business Survey: May 2016

14 June 2016

This month’s NAB Business Survey remains true to theme of ongoing recovery in the non-mining economy, building on the already solid growth seen in the recent National Accounts.

NAB Monthly Business Survey: May 2016
NAB Quarterly Business Survey – March 2016

NAB Quarterly Business Survey – March 2016

21 April 2016

The March quarter NAB Business Survey shows both a resilient non-mining recovery and an outlook that has continued to improve. Both business conditions and confidence remained at levels similar to that seen in the previous quarter.

NAB Quarterly Business Survey – March 2016
NAB Quarterly Australian Consumer Behaviour Survey: Q4 2015

NAB Quarterly Australian Consumer Behaviour Survey: Q4 2015

23 December 2015

The NAB Quarterly Australian Behaviour Survey (formerly NAB Consumer Anxiety Report) shows consumer anxiety falling again (and to its lowest level since Q4 2014), amid more signs of improvement in the labour market and non-mining segments of the economy.

NAB Quarterly Australian Consumer Behaviour Survey: Q4 2015
Monthly Business Survey – November 2015

Monthly Business Survey – November 2015

8 December 2015

Consistently above average business conditions are an encouraging sign that the apparent non-mining sector recovery continues to gain traction, despite relatively muted levels of business confidence.

Monthly Business Survey – November 2015
NAB Quarterly ASX 300 Business Survey – Q3 2015

NAB Quarterly ASX 300 Business Survey – Q3 2015

5 November 2015

Business conditions among Australia’s ASX 300 firms rose to a new survey high of +20 points (up +12 from +8 points in the previous quarter). The gap between very big and small business is now at its widest margin since this survey began.

NAB Quarterly ASX 300 Business Survey – Q3 2015
NAB Business Survey – AUD Insights

NAB Business Survey – AUD Insights

30 October 2015

The NAB Quarterly Business Survey provides a rich source of information about Australian business, their behaviours and the environment in which they operate. In addition to questions around sales, profitability, employment and the like, one focus of the Survey revolves around currency markets.

NAB Business Survey – AUD Insights
NAB Quarterly SME Survey – September Quarter 2015

NAB Quarterly SME Survey – September Quarter 2015

29 October 2015

In the quarter, SME business conditions stayed unchanged at +4 index points. Within the components of business conditions, trading conditions were particularly strong, which flowed into modestly better profitability conditions. However, employment conditions remained subdued.

NAB Quarterly SME Survey – September Quarter 2015
NAB Quarterly Business Survey – Q3 2015

NAB Quarterly Business Survey – Q3 2015

22 October 2015

Leading indicators were generally more positive in Q3 2015. Forward orders jumped to their highest level since late 2009, while expectations for conditions in 3 and 12 months time both improved.

NAB Quarterly Business Survey – Q3 2015
NAB Monthly Business Survey – September 2015

NAB Monthly Business Survey – September 2015

13 October 2015

There was a partial recovery in business confidence in September as the Government’s leadership uncertainties were resolved, while financial market volatility and emerging market concerns have moderated from the heights of the previous month – although market concerns remain elevated.

NAB Monthly Business Survey – September 2015
NAB Monthly Business Survey – August 2015

NAB Monthly Business Survey – August 2015

8 September 2015

Business conditions point to a further improvement in the non-mining economy, even as jitters in financial markets weigh on confidence. The conditions index jumped 5 points to +11 in August lifting the trend index to its highest level since late 2009.

NAB Monthly Business Survey – August 2015
NAB Monthly Business Survey – July 2015

NAB Monthly Business Survey – July 2015

11 August 2015

The business confidence index remains positive, both trading conditions and profitability remain relatively elevated and the trend has held up around average levels. Our GDP forecasts are marginally stronger than last month, with growth of 2.8% in 2015/16 and 3.2% in 2016/17.

NAB Monthly Business Survey – July 2015
NAB Quarterly SME Survey – June Quarter 2015

NAB Quarterly SME Survey – June Quarter 2015

30 July 2015

In the June quarter, SME quarterly business conditions and confidence rose rising by 2 points to +4 and +5 index points respectively. SME business conditions were superior in property, finance, business services, wholesale, manufacturing and transport sectors.

NAB Quarterly SME Survey – June Quarter 2015
Quarterly Business Survey – June 20

Quarterly Business Survey – June 20

23 July 2015

The June quarter NAB Business Survey confirms the trend of gradually improving near-term indicators, but with a somewhat patchy longer term outlook. Business confidence strengthened in Q2 to +4 index points (from 0 points), which is its highest level since Q3 2014…

Quarterly Business Survey – June 20
NAB Quarterly Australian Wellbeing Index: Q2 2015

NAB Quarterly Australian Wellbeing Index: Q2 2015

17 July 2015

Family relationships and safe communities critical to Aussies’ wellbeing. In an effort to better understand why Australians feel the way they do, NAB has been tracking Australia’s wellbeing (as measured by anxiety, life-satisfaction, happiness, and life-worth) since early-2013.

NAB Quarterly Australian Wellbeing Index: Q2 2015
NAB Monthly Business Survey – June 2015

NAB Monthly Business Survey – June 2015

14 July 2015

Business confidence lifted again in the month of June – the highest level since September 2013. Confidence is now positive in all industries except mining and business conditions improved even more, in June – the highest level since last October.

NAB Monthly Business Survey – June 2015
NAB Monthly Business Survey – May 2015

NAB Monthly Business Survey – May 2015

9 June 2015

The recent Federal Budget and interest rate cut appears to have had a positive impact on business confidence – which moved up significantly in May - from +3 to +7 index points. This is the highest level of confidence since August 2014 and has helped to turn the trend more positive.

NAB Monthly Business Survey – May 2015
NAB Monthly Business Survey – April 2015

NAB Monthly Business Survey – April 2015

11 May 2015

Business confidence was unchanged in April. Until confidence lifts significantly it is difficult to see a sustained economic recovery developing – to date rate cuts have not appeared to do much and it will be interesting to see what this week’s Federal Budget will do.

NAB Monthly Business Survey – April 2015
ASX 300 Quarterly Business Survey – March 2015

ASX 300 Quarterly Business Survey – March 2015

7 May 2015

ASX 300 business confidence fell further in Q1 2015 to remain well below the general economy. Sentiment is particularly weak among very large construction firms. Business conditions while still positive also fell, with trading, profitability and employment all lower.

ASX 300 Quarterly Business Survey – March 2015
Quarterly SME Survey – March Quarter 2015

Quarterly SME Survey – March Quarter 2015

30 April 2015

SMEs’ quarterly business conditions remained largely stable in the first quarter of 2015, with firms from all tiers showing broadly similar conditions from the previous quarter. SME trading and profitability conditions have deteriorated, offset by improved employment conditions overall.

Quarterly SME Survey – March Quarter 2015
Quarterly Business Survey – March 2015

Quarterly Business Survey – March 2015

23 April 2015

Business confidence dropped back again in the first quarter of 2015, falling even further below the long run average level. This is consistent with a pull back in confidence in the February monthly survey, although this was completely unwound in March.

Quarterly Business Survey – March 2015
NAB Monthly Business Survey – March 2015

NAB Monthly Business Survey – March 2015

14 April 2015

There were some tentative signs of improvement in the NAB Monthly Business Survey for March – with the post RBA cut fall in confidence reversed in March. Surprisingly, the lift was particularly pronounced in mining, although confidence is still lowest for this industry.

NAB Monthly Business Survey – March 2015
Monthly Business Survey – February 2015

Monthly Business Survey – February 2015

10 March 2015

The RBA’s 25bp cut to interest rates in February did not appear to have the desired effect on firms ‘animal spirits’, with confidence actually deteriorating in the month. The index is now at its lowest level since before the Federal election in 2013 and is well below the long run average.

Monthly Business Survey – February 2015
ASX 300 Quarterly Business Survey – December 2014

ASX 300 Quarterly Business Survey – December 2014

26 February 2015

Big business in Australia is losing confidence, affecting medium-term growth and capital expenditure plans. Overall confidence among larger firms has now fallen below its long-term average and is weaker than for smaller companies and the broader economy.

ASX 300 Quarterly Business Survey – December 2014
Quarterly SME Survey – December Quarter 2014

Quarterly SME Survey – December Quarter 2014

19 February 2015

After reaching the highest levels since 2009 in the September quarter, SMEs’ quarterly business conditions fell in the December quarter for the first time since Q4 2013. Firms from all tiers: low/micro, mid and high, showed consistent declines in their overall business conditions.

Quarterly SME Survey – December Quarter 2014
Monthly Business Survey – January 2015

Monthly Business Survey – January 2015

10 February 2015

The latest survey shows that business confidence edged up a little, but it's still below long run averages. Confidence remains very weak in mining, consistent with lower commodity prices, but multi-year lows for the AUD likely contributed to a considerable improvement from last month.

Monthly Business Survey – January 2015
Quarterly Business Survey – December 2014

Quarterly Business Survey – December 2014

4 February 2015

Business confidence eased back in Q4, dropping below the long run average level. Sentiment and business conditions are generally consistent with a ‘patchwork’ economy. Outside of construction and services, conditions remain soft in all other industries.

Quarterly Business Survey – December 2014
NAB Quarterly Australian Wellbeing Index – Q4 2014

NAB Quarterly Australian Wellbeing Index – Q4 2014

29 January 2015

The NAB Australian Wellbeing Index fell slightly to 63 points in Q4 2014 (63.8 in Q3). Wellbeing was rated lower for all questions, especially “not anxious yesterday” which fell to its lowest level since the survey started. Wellbeing rated highest in Queensland and lowest in Victoria.

NAB Quarterly Australian Wellbeing Index – Q4 2014
Monthly Business Survey – December 2014

Monthly Business Survey – December 2014

27 January 2015

The survey again shows a patchwork economy with little-to-no momentum building. In December, conditions eased for the second successive month after October’s surprisingly strong result so they're now a touch below the long run average.

Monthly Business Survey – December 2014
Monthly Business Survey – November 2014

Monthly Business Survey – November 2014

9 December 2014

Last months spike in business conditions was again short-lived, pulling back towards long run average levels in November. Despite the drop, the overall trend is still looking much better than 12-18 months prior, while levels of capacity utilisation have continued to improve.

Monthly Business Survey – November 2014
Monthly Business Survey – October 2014

Monthly Business Survey – October 2014

11 November 2014

Clearly the most surprising feature of the Survey was the sharp jump in business conditions in October (the largest monthly increase in the history of the survey). The improvement driven by sales and profits was relatively broad based –unlike the (short-lived) jump in July.

Monthly Business Survey – October 2014
Quarterly SME Survey – September 2014

Quarterly SME Survey – September 2014

30 October 2014

SME business confidence eased slightly, continuing the trend decline from the peaks seen around last year’s Federal election. While this result is consistent with the ongoing sluggishness of demand in the domestic economy (excluding exports)…

Quarterly SME Survey – September 2014
ASX 300 Quarterly Business Survey – September 2014

ASX 300 Quarterly Business Survey – September 2014

30 October 2014

ASX 300 business confidence gained momentum in the September quarter, surpassing the broader economy. Conditions were broadly unchanged - trading and profitability were stronger, however the slight improvement was offset by deteriorating employment…

ASX 300 Quarterly Business Survey – September 2014
Quarterly Business Survey – September 2014

Quarterly Business Survey – September 2014

27 October 2014

Business confidence was unchanged in Q3, remaining close to the long run average levels. However, our monthly survey shows that the momentum has turned, with confidence easing steadily over the quarter.

Quarterly Business Survey – September 2014
Monthly Business Survey – September 2014

Monthly Business Survey – September 2014

14 October 2014

Business confidence lost ground in September –lowest level since pre election - in the face of a persistently soft operating environment for many firms. Forward orders remained soft, prompting de-stocking and competitive pricing which appears to have weighed on profitability.

Monthly Business Survey – September 2014
NAB Quarterly Australian Wellbeing Index – Q3 2014

NAB Quarterly Australian Wellbeing Index – Q3 2014

2 October 2014

The NAB Australian Wellbeing Index rose to 63.8 points in Q3 2014 (61.7 in Q2 2014). Wellbeing was rated higher for all measures, with the biggest improvements related to life satisfaction, worthwhile life and happiness.

NAB Quarterly Australian Wellbeing Index – Q3 2014
Monthly Business Survey – August 2014

Monthly Business Survey – August 2014

9 September 2014

Business confidence remains resilient despite easing a little in August, supported by positive forward orders, subdued cost pressures and more stable consumer confidence. Positive business conditions are also helping despite falling back in the month.

Monthly Business Survey – August 2014
NAB Monthly Business Survey – July 2014

NAB Monthly Business Survey – July 2014

12 August 2014

Business confidence again surprised on the upside, supported by better business conditions (largely reflecting sales and profits) and a surge in retailer confidence. Firms still unfazed about the Budget (for now). Conditions jumped to a four year high

NAB Monthly Business Survey – July 2014
ASX 300 Quarterly Business Survey – June 2014

ASX 300 Quarterly Business Survey – June 2014

29 July 2014

Business confidence among Australia’s largest firms dropped significantly – from a position of above average confidence relative to the broader economy to marginally below. Businesses are reacting to the subdued domestic demand outlook.

ASX 300 Quarterly Business Survey – June 2014
Quarterly SME Survey – June 2014

Quarterly SME Survey – June 2014

24 July 2014

SME business confidence eased again in the June quarter, but is holding up against heightened consumer anxiety with the support of positive sentiment in property and construction. Conditions rose slightly, but are still at levels suggesting sub-trend growth.

Quarterly SME Survey – June 2014
NAB Quarterly Australian Wellbeing Index – Q2 2014

NAB Quarterly Australian Wellbeing Index – Q2 2014

18 July 2014

Australian wellbeing falls to its lowest level since the survey began. Anxiety is still the biggest detractor of overall wellbeing. A “wellbeing gap” has emerged between the highest and lowest income earners.

NAB Quarterly Australian Wellbeing Index – Q2 2014
Quarterly Business Survey – June 2014

Quarterly Business Survey – June 2014

17 July 2014

Business confidence eased a touch, but remains at relatively resilient levels post-budget. Business conditions improved marginally as underperforming industries improve. Forward indicators point to further modest improvement over coming months.

Quarterly Business Survey – June 2014
NAB Quarterly Australian Consumer Anxiety Index – Q2 2014

NAB Quarterly Australian Consumer Anxiety Index – Q2 2014

16 July 2014

Consumer anxiety spikes post the Federal Government’s budget, with low income earners clearly most concerned. The NAB Consumer Anxiety Index rose to 64.5 points in Q2 (61.7 points in Q1) - its highest level since the survey began in Q1’13.

NAB Quarterly Australian Consumer Anxiety Index – Q2 2014
Monthly Business Survey – June 2014

Monthly Business Survey – June 2014

8 July 2014

Business confidence recorded an unexpected increase in the month, with firms apparently shrugging off the sharp deterioration in consumer confidence that followed May’s Federal budget. Firms are sticking to their expectation for stronger activity despite business conditions remaining

Monthly Business Survey – June 2014
Monthly Business Survey – May 2014

Monthly Business Survey – May 2014

10 June 2014

Business confidence survived the government’s ‘tough budget’ intact, but business conditions eased again (reflecting sales). Employment and profits were steady at soft levels. Conditions are mixed across industries, but are generally negative outside of services

Monthly Business Survey – May 2014
Monthly Business Survey – April 2014

Monthly Business Survey – April 2014

12 May 2014

Business conditions more subdued in April but confidence up marginally – shrugging off ‘tough budget’ rhetoric. Sales eased slightly, employment slightly better but still soft, profits weaker. Conditions remain volatile and mixed across industries…

Monthly Business Survey – April 2014
ASX 300 Quarterly Business Survey – March 2014

ASX 300 Quarterly Business Survey – March 2014

28 April 2014

Business conditions for ASX 300 maintained momentum in the first quarter of 2014 - the broader economy weakened as it dipped back into negative territory. Confidence for larger firms surged to its highest level in the 3-year history of the survey.

ASX 300 Quarterly Business Survey – March 2014
Quarterly SME Survey – March 2014

Quarterly SME Survey – March 2014

28 April 2014

SME business confidence eased for the first time in over a year – consistent with persistently soft conditions and trends seen by larger firms. Nevertheless, business activity has improved with conditions rising to their highest since mid-2010 – although still sub-trend.

Quarterly SME Survey – March 2014
Quarterly Business Survey – March 2014

Quarterly Business Survey – March 2014

17 April 2014

Business confidence eased from its recent high but remained elevated in the March quarter. Business conditions were soft, but are now much better than 6-months earlier. Forward indicators point to further modest improvements over coming months.

Quarterly Business Survey – March 2014
NAB Wellbeing Index – Q1 2014

NAB Wellbeing Index – Q1 2014

20 March 2014

National wellbeing improves after falling in the previous two quarters, but anxiety continues to rise with more than one-third of Australians currently “highly” anxious. The NAB Australian Wellbeing Index rose to 64.6 points in Q1 2014 (63.5 points in Q4 2013).

NAB Wellbeing Index – Q1 2014
Monthly Business Survey – February 2014

Monthly Business Survey – February 2014

11 March 2014

Recent recovery short lived? Business conditions back-pedalled sharply in February reversing around half post election gains. Confidence softened but still remains marginally above trend. Sales and employment fell markedly during the month, with the latter pointing to very weak labour

Monthly Business Survey – February 2014
ASX 300 Quarterly Business Survey – December 2013

ASX 300 Quarterly Business Survey – December 2013

20 February 2014

Business conditions for larger firms improved significantly in the December quarter – outperforming firms in the broader economy. However, confidence weakened slightly for larger firms – dropping below conditions and breaking away from the exuberance of the broader economy.

ASX 300 Quarterly Business Survey – December 2013
Quarterly SME Survey – December 2013

Quarterly SME Survey – December 2013

17 February 2014

SME business confidence up for a fourth quarter – consistent with increases seen by larger firms. Confidence is finally gaining traction to support business activity, with conditions rising to their highest since mid-2011 – but remain soft.

Quarterly SME Survey – December 2013
Monthly Business Survey – January 2014

Monthly Business Survey – January 2014

11 February 2014

Business conditions maintained last months momentum and is approaching 3 year highs while confidence was up for the first time in 4 months – both near or above trend levels. Employment index much better, but still suggests soft labour market conditions.

Monthly Business Survey – January 2014
Quarterly Business Survey – December 2013

Quarterly Business Survey – December 2013

6 February 2014

Business confidence in the December quarter was at its highest in more than 2½ years. Business conditions lifted to their highest level in more than 12 months suggesting activity is starting to catch up - albeit still below trend.

Quarterly Business Survey – December 2013
Monthly Business Survey – December 2013

Monthly Business Survey – December 2013

28 January 2014

Are we at a turning point? Business conditions jump to more than 2½ year high, while confidence broadly unchanged – both now near trend levels. Sales and profits up sharply – especially in wholesale, transport and services – reducing excess capacity slightly.

Monthly Business Survey – December 2013
NAB Quarterly Australian Consumer Anxiety Index – Q4 2013

NAB Quarterly Australian Consumer Anxiety Index – Q4 2013

15 January 2014

Consumer anxiety rises amid ongoing weakness in the domestic economy. Consumer anxiety rose to 61.5 points in Q4 (61.1 in Q3). With the labour market softening, anxiety over job security has started climbing although it still rates as the lowest concern overall.

NAB Quarterly Australian Consumer Anxiety Index – Q4 2013
Monthly Business Survey – November 2013

Monthly Business Survey – November 2013

10 December 2013

Business conditions and confidence broadly unchanged - with confidence still much higher than conditions. While still weak, business conditions appear to be trending higher. Trading conditions up - especially mining and manufacturing - with capacity utilisation off its recent lows.

Monthly Business Survey – November 2013
Monthly Business Survey – October 2013

Monthly Business Survey – October 2013

12 November 2013

Firms reassess their confidence on the outlook as business conditions undershoot again. Capacity utilisation falls sharply - especially in manufacturing, construction, mining and retail - despite low interest rates and improved housing and equity markets.

Monthly Business Survey – October 2013
ASX 300 Quarterly Business Survey – September 2013

ASX 300 Quarterly Business Survey – September 2013

29 October 2013

Stronger conditions for ASX 300 in Q2 - widening the gap to the economy - but confidence fell sharply. Mining conditions fell, now the weakest among ASX 300 firms. Discounting among ASX 300 may be evident. Stocks & orders point to weakness in domestic economy.

ASX 300 Quarterly Business Survey – September 2013
Quarterly SME Survey – September 2013

Quarterly SME Survey – September 2013

24 October 2013

SME business confidence broadly unchanged – with no sign of the political kick in confidence seen elsewhere in business. That may in part reflect a significant fall in business conditions in the quarter. SME performance in poor sectors of the economy were similar to larger firms.

Quarterly SME Survey – September 2013
Quarterly Business Survey – September

Quarterly Business Survey – September

17 October 2013

Businesses become more confident in the September quarter. This fundamentally appears to be driven by political factors – albeit the lower AUD and rates, together with stronger asset markets would have helped.

Quarterly Business Survey – September
NAB Wellbeing Index & Consumer Anxiety Index – Q3 2013

NAB Wellbeing Index & Consumer Anxiety Index – Q3 2013

16 October 2013

The NAB Australian Wellbeing Index fell to 6.4 points in Q3, with a big increase in anxiety in WA a key contributor to lower national wellbeing. Consumer anxiety rose to 6.1 points in Q3, underpinned by rising concerns around cost of living, ability to fund retirement and health.

NAB Wellbeing Index & Consumer Anxiety Index – Q3 2013
Monthly Business Survey – September 2013

Monthly Business Survey – September 2013

8 October 2013

Animal spirits lift again. Confidence surges to its highest level in 3½ years. Business conditions, however, still subdued - with employment poor. Signs of better conditions in finance/ business/ property and construction.

Monthly Business Survey – September 2013
Monthly Business Survey – August 2013

Monthly Business Survey – August 2013

10 September 2013

Confidence rises everywhere and surges in mining, construction and finance/ business/ property. This appears to reflect expectations of political change & more certainty about future political frameworks. Against that, business conditions and capacity utilisation remained poor.

Monthly Business Survey – August 2013
Monthly Business Survey – July 2013

Monthly Business Survey – July 2013

13 August 2013

Business conditions remain at 4 year lows while confidence slumps to 8 month low - despite a falling AUD and lower interest rates. Conditions very poor in manufacturing, construction, mining, retail and wholesale; WA now the weakest state.

Monthly Business Survey – July 2013
Quarterly SME Survey – June 2013

Quarterly SME Survey – June 2013

24 July 2013

SME confidence & conditions improve significantly with activity of smaller firms outperforming larger firms for the first time in almost four years. SME conditions strengthened across most industries.

Quarterly SME Survey – June 2013
ASX 300 Quarterly Business Survey – June 2013

ASX 300 Quarterly Business Survey – June 2013

22 July 2013

Stronger conditions for ASX 300 in Q2 - widening the gap to the economy - but confidence fell sharply. Mining conditions fell, now the weakest among ASX 300 firms. Discounting among ASX 300 may be evident. Stocks & orders point to weakness in domestic economy.

ASX 300 Quarterly Business Survey – June 2013
Quarterly Business Survey – June 2013

Quarterly Business Survey – June 2013

18 July 2013

Business conditions struggle in the June quarter and confidence falls back, driven by a pessimistic mining sector. Falling equities and offshore concerns likely to be weighing on sentiment. Little sign yet that lower interest rates and AUD are helping.

Quarterly Business Survey – June 2013
Monthly Business Survey – June 2013

Monthly Business Survey – June 2013

9 July 2013

Business conditions and capacity utilisation slump to a four year low. Confidence a little better but still below trend. Conditions very bad in retail, mining and manufacturing, despite low interest rates and falling AUD, though signs a little better for exports.

Monthly Business Survey – June 2013
NAB Wellbeing Index & Consumer Anxiety Index – Q2 2013

NAB Wellbeing Index & Consumer Anxiety Index – Q2 2013

1 July 2013

Australian wellbeing improved in the June quarter despite softening economic conditions. NAB's Australian Wellbeing Index measured 6.6 points, up from 6.2 points in the March quarter. Consumer anxiety fell in the quarter in line with moderating concerns about future spending/savings plans.

NAB Wellbeing Index & Consumer Anxiety Index – Q2 2013
Monthly Business Survey – May 2013

Monthly Business Survey – May 2013

11 June 2013

Business conditions remain at low levels (marginally higher) with unchanged mediocre confidence levels. Conditions better in wholesale, manufacturing and construction, but mining worsens. Any confidence gained from falling dollar and May rate cut have been undermined by domestic weakness

Monthly Business Survey – May 2013
Monthly Business Survey – April 2013

Monthly Business Survey – April 2013

13 May 2013

Business conditions remain very difficult and confidence stumbles after showing signs of recovery earlier this year. Despite less negativity in retail & manufacturing, activity still very poor and labour market showing new signs of weakness.

Monthly Business Survey – April 2013
ASX 300 Quarterly Business Survey – March 2013

ASX 300 Quarterly Business Survey – March 2013

1 May 2013

ASX 300 show greater resilience than the broader economy in Q1, with conditions stable. Finance, Business & Property considerably stronger. Confidence rebounded but weaker forward orders & stocks point to potential softness in the next quarter.

ASX 300 Quarterly Business Survey – March 2013
Quarterly SME Survey – March 2013

Quarterly SME Survey – March 2013

29 April 2013

SME confidence & conditions edge higher in March quarter but still near post-GFC lows; SMEs more pessimistic than larger firms and activity also more subdued. Capacity utilisation falls to lowest level in history, despite tick up in forward orders. Signs lower borrowing rates are helping…

Quarterly SME Survey – March 2013
Quarterly Business Survey – March 2013

Quarterly Business Survey – March 2013

19 April 2013

Business confidence lifts from late 2012 lows but still below average. That reflects better global confidence, stronger equity prices and lower borrowing rates at home. Conditions still subdued and with marked weakness in trade and consumer dependent sectors. Forward indicators …

Quarterly Business Survey – March 2013
Monthly Business Survey – March 2013

Monthly Business Survey – March 2013

9 April 2013

Business conditions fall to weakest level in almost four years but confidence steady. Previous surge in activity in consumer sectors retail & manufacturing unwinds, with signs lower interest rates need more time to fully work through economy.

Monthly Business Survey – March 2013
Monthly Business Survey – February 2013

Monthly Business Survey – February 2013

12 March 2013

Business conditions & confidence both edge down in February. High AUD hurting manufacturing and lack of non-mining demand weighing on most sectors. Large falls in orders, poor capacity use, and weak capex plans (esp. mining) don’t augur well for near-term (weak) domestic demand.

Monthly Business Survey – February 2013
Quarterly SME Survey – December 2012

Quarterly SME Survey – December 2012

19 February 2013

SME confidence & conditions weaken a touch in Q4 and poor relative to history; sentiment and activity of SMEs a touch weaker than their larger counterparts. Forward indicators remain subdued implying little upturn in near-term activity. Weakness in manufacturing, retail, wholesale and ….

Quarterly SME Survey – December 2012
Monthly Business Survey – January 2013

Monthly Business Survey – January 2013

12 February 2013

Business confidence hangs on to gains made last month on reduced global fears. Business conditions improve a touch, but still poor. Signs that previously stronger industries are being dragged down by weakness elsewhere. Capacity utilisation now lowest since 2001 and forward orders remain …

Monthly Business Survey – January 2013
Quarterly Business Survey – December 2012

Quarterly Business Survey – December 2012

7 February 2013

Business conditions weaken to lowest level since June quarter 2009; weakness very apparent in construction, manufacturing and now mining. Forward indicators worsen. Confidence edges lower and very subdued – especially in mining. Medium-term expectations poor and capex lower again.

Quarterly Business Survey – December 2012
Monthly Business Survey – December 2012

Monthly Business Survey – December 2012

29 January 2013

Business confidence posts a sharp jump in December, but not so activity and forward indicators, which remain poor - particularly wholesale, manufacturing, retail and construction. Better external sentiment (temporary avoidance of the US ‘fiscal cliff’), strengthening in Chinese data

Monthly Business Survey – December 2012
Monthly Business Survey – November 2012

Monthly Business Survey – November 2012

11 December 2012

The brakes have firmly tightened on activity in November; business conditions very weak in construction, retail, manufacturing and wholesale. Signs of trouble ahead with confidence slumping to lowest level since April 2009, with little hint of a pre-Christmas revival

Monthly Business Survey – November 2012
Monthly Business Survey – October 2012

Monthly Business Survey – October 2012

13 November 2012

Business conditions stumble to weakest level in more than three years, with wholesale and manufacturing conditions especially subdued. Confidence also edges lower. Activity forecasts unchanged but 25bp February rate cut on the cards, providing modest Q4 CPI.

Monthly Business Survey – October 2012
ASX 300 Quarterly Business Survey – September 2012

ASX 300 Quarterly Business Survey – September 2012

29 October 2012

The ASX 300 Quarterly Business Survey captures the views of the ASX 300 business community and is a key peer comparator for companies. It aims to share business insights and an understanding of economic confidence for the quarter.

ASX 300 Quarterly Business Survey – September 2012
Quarterly SME Survey – September 2012

Quarterly SME Survey – September 2012

25 October 2012

SME confidence and conditions better in Q3 but still below average; sentiment of SMEs now in line with their larger counterparts but activity, capacity utilisation and new orders continue to under perform. Strength in recreation & personal services and transport a consistent theme

Quarterly SME Survey – September 2012
Quarterly Business Survey – September quarter 2012

Quarterly Business Survey – September quarter 2012

18 October 2012

Business conditions improve in the quarter but still soft. However, Monthly survey results suggest conditions weakened towards the end of the quarter. Forward indicators remain very weak. Confidence up a touch but still at downbeat levels – especially mining

Quarterly Business Survey – September quarter 2012
Monthly Business Survey – September 2011

Monthly Business Survey – September 2011

11 October 2012

Conditions recover and businesses take comfort from better sales, a lower AUD and talk of interest rate cuts. Global uncertainty still weighing on near-term activity indicators.  Business conditions improved in September, after edging down over the previous two months, with the outcome suggesting that the Australian economy may be stabilising. However, there are still signs […]

Monthly Business Survey – September 2011
Monthly Business Survey – September 2012

Monthly Business Survey – September 2012

9 October 2012

Business confidence recovers modestly but still down beat – especially mining. Business conditions disappoint – with struggling retail and wholesale falling significantly. Forward orders noticeably weaker and capacity utilisation trending down - indicative of weakening demand.

Monthly Business Survey – September 2012
Monthly Business Survey – August 2012

Monthly Business Survey – August 2012

11 September 2012

Australia’s monthly survey of the current performance of the non-farm business sector, based on a survey of around 350 small to large sized companies. Includes a monthly update of the global and Australian economic outlook. Business conditions improve on the back of strengthening trading and profitability – especially in interest sensitive sectors. But confidence falls […]

Monthly Business Survey – August 2012
Monthly Business Survey – July 2012

Monthly Business Survey – July 2012

14 August 2012

Australia’s monthly survey of the current performance of the non-farm business sector, based on a survey of around 350 small to large sized companies. Includes a monthly update of the global and Australian economic outlook. Business conditions worsen in the face of poor trading and profits, with weakness particularly evident in retail and wholesale – […]

Monthly Business Survey – July 2012
Monthly Business Survey – June 2012

Monthly Business Survey – June 2012

10 July 2012

Business conditions improve slightly but overall activity remains soft; forward orders and employment conditions imply weak near-term demand. Confidence falls marginally, implying little relief from RBA rate cuts; European uncertainty and new taxes may be weighing on sentiment. Government handouts provide some respite to consumer dependant sectors but benefits may be short-lived – time will […]

Monthly Business Survey – June 2012
Quarterly ASX 300 Business Survey – June 2012

Quarterly ASX 300 Business Survey – June 2012

30 June 2012

Retail drives ASX 300 business conditions lower in Q2, with a weaker trend tipped for Q3. Business conditions deteriorated across the economy in the second quarter of 2012, with declines recorded among firms in both the ASX 300 survey and the broader Quarterly Business Survey (QBS). ASX 300 firms recorded a net balance of 0 […]

Quarterly ASX 300 Business Survey – June 2012
Quarterly SME Survey – June 2012

Quarterly SME Survey – June 2012

30 June 2012

The NAB Quarterly SME Survey covers conditions in small, medium and emerging businesses (SMEs) across all parts of the non-farm business sector in Australia. SME confidence & conditions deteriorate further. Weakness in small firms increasingly pronounced compared to their larger counterparts – weakness in manufacturing, retail and construction a persistent theme across all small firm […]

Quarterly SME Survey – June 2012
Quarterly Business Survey – June 2012

Quarterly Business Survey – June 2012

19 June 2012

Business conditions weaken; forward orders and other indicators of near-term demand still soft. Confidence slips further, with heightened European uncertainty seemingly outweighing relief provided from RBA rate cuts – new taxes may also be weighing on sentiment. Business conditions weakened in the June quarter, following modestly better activity over recent quarters. Official ABS data suggest […]

Quarterly Business Survey – June 2012
Monthly Business Survey – May 2012

Monthly Business Survey – May 2012

12 June 2012

Business conditions now the weakest in three years: mining and construction down sharply. Confidence falters on global Greek exit fears, weak orders and negative reaction to the May Budget. Indicators of demand imply softer near-term activity and more jobs shedding in weak sectors. RBA to cut again in coming months.  Business confidence deteriorated sharply in […]

Monthly Business Survey – May 2012
Monthly Business Survey – April 2012

Monthly Business Survey – April 2012

7 May 2012

Businesses remain confident of better near-term activity but actual conditions weaken in April – with multi-speed element widening again. Forward indicators remain lacklustre, with a material decline in capacity utilisation signalling increased slack in the economy – and further weakness in the labour market ahead. More rate action to come, although how much depends on […]

Monthly Business Survey – April 2012
Quarterly business survey – March quarter 2012

Quarterly business survey – March quarter 2012

19 April 2012

The most comprehensive survey of current performance as well as near-term and medium-term expectations of the non-farm business sector, based on a survey of around 1,000 small to large sized companies. Business conditions edge higher but lack of jobs growth likely to keep near-term activity fairly soft. Confidence slips back and remains below trend. Forward […]

Quarterly business survey – March quarter 2012
Monthly Business Survey – March 2012

Monthly Business Survey – March 2012

10 April 2012

Confidence and conditions grind higher but with little jobs growth. Forward indicators marginally improve but remain subdued. Multi speed economy still to the fore – with non mining edging up a touch. Domestic forecasts edge lower with unemployment up. Rates view unchanged. Businesses appeared slightly more confident about near-term activity in March than in February, […]

Monthly Business Survey – March 2012
Quarterly SME Survey – March 2012

Quarterly SME Survey – March 2012

29 March 2012

The NAB Quarterly SME Survey covers conditions in small, medium and emerging businesses (SMEs) across all parts of the non-farm business sector in Australia. Seasonal adjustment of SME survey results SME survey data reported in the March 2012 NAB Quarterly SME Business Survey have been seasonally adjusted for the first time in the history of […]

Quarterly SME Survey – March 2012
Monthly Business Survey – February 2012

Monthly Business Survey – February 2012

13 March 2012

Confidence retreats while conditions edge higher. Forward indicators remain weak. Retail, manufacturing and construction still struggling while services, transport and mining strong. Growth lowered locally.  Businesses appeared less confident about near-term activity in February than in January. While overall confidence remained positive, uncertainty emanating from the euro-zone and financial markets, the persistent strength in the […]

Monthly Business Survey – February 2012
Monthly Business Survey – January 2012

Monthly Business Survey – January 2012

14 February 2012

Confidence and conditions a touch better but economy still marking time. Sectors remain wide apart. Inflation weakening as retailers increase discounts and one more rate cut possible.  Overall business confidence was relatively firm in the month, with businesses seemingly still taking relief from the recent RBA rate cuts as well some abatement of concerns about […]

Monthly Business Survey – January 2012
Quarterly Business Survey – December quarter 2011

Quarterly Business Survey – December quarter 2011

9 February 2012

The most comprehensive survey of current performance as well as near-term and medium-term expectations of the non-farm business sector, based on a survey of around 1,000 small to large sized companies. Despite better business conditions and improved confidence, survey still only suggestive of an economy growing at around trend. Forward indicators slightly better, implying a […]

Quarterly Business Survey – December quarter 2011
Monthly Business Survey – December 2011

Monthly Business Survey – December 2011

31 January 2012

Confidence up a touch in December, despite global economic worries. Conditions consistent with an economy going sideways – but multi- speed. GDP forecasts lowered & two rate cuts now expected in 2012.  Business confidence strengthened a little in December, although it remained below the series long-run average. Business sentiment over recent months has been seemingly […]

Monthly Business Survey – December 2011
Quarterly ASX 300 Business Survey – December 2011

Quarterly ASX 300 Business Survey – December 2011

30 December 2011

The ASX 300 Quarterly Business Survey captures the views of the ASX 300 business community and is a key peer comparator for companies. The report shares business and sector insights, and an understanding of economic confidence for the quarter. Strong rebound in business confidence for ASX300 firms – exceeding the broader economy; business conditions record […]

Quarterly ASX 300 Business Survey – December 2011
Quarterly SME Survey – December 2011

Quarterly SME Survey – December 2011

30 December 2011

The NAB Quarterly SME Survey covers conditions in small, medium and emerging businesses (SMEs) across all parts of the non-farm business sector in Australia. SME confidence and conditions rebound but still below levels of their larger counterparts. Low tier (smallest) SMEs struggle. SME firms reported improved confidence in the December quarter – especially compared to […]

Quarterly SME Survey – December 2011
Monthly Business Survey – November 2011

Monthly Business Survey – November 2011

30 November 2011

Conditions improve slightly in November and are consistent with an economy growing around trend. Services sectors (ex. finance) and retail doing better. Confidence overall relatively stable – despite European concerns. GDP revised up on mining & consumer strength. Business conditions edged higher in November, after softening a little in the previous month, and are consistent […]

Monthly Business Survey – November 2011
Monthly Business Survey – October 2011

Monthly Business Survey – October 2011

8 November 2011

Conditions soften in October, suggesting growth in the economy is treading water. But, for the second month in a row, confidence has improved. Also tentative signs of Qld re-construction kicking in.  Business conditions softened in October, partly unwinding an improvement in conditions in the previous month, with trend conditions suggestive of an economy that is […]

Monthly Business Survey – October 2011
Quarterly Business Survey – September quarter 2011

Quarterly Business Survey – September quarter 2011

20 October 2011

The NAB Quarterly Business Survey is the most comprehensive survey of current performance as well as near-term and medium-term expectations of the non-farm business sector, based on a survey of around 1,000 small to large sized companies. Business conditions slump and confidence falters mid-quarter, but monthly profile points to subsequent improving trend. Hours worked strengthens […]

Quarterly Business Survey – September quarter 2011
NAB Quarterly ASX 300 Business Survey – September 2011

NAB Quarterly ASX 300 Business Survey – September 2011

30 September 2011

The ASX 300 Quarterly Business Survey captures the views of the ASX 300 business community and is a key peer comparator for companies. The report shares business and sector insights, and an understanding of economic confidence for the quarter. Business conditions for ASX300 declined further in Q3 – driven by manufacturing – narrowing the gap […]

NAB Quarterly ASX 300 Business Survey – September 2011
Quarterly SME Survey – September 2011

Quarterly SME Survey – September 2011

30 September 2011

The NAB Quarterly SME Survey covers conditions in small, medium and emerging businesses (SMEs) across all parts of the non-farm business sector in Australia. Subdued SME conditions persist and confidence falls further. Business confidence of SMEs fell heavily in the September quarter, consolidating a sharp decline in the June quarter and consistent with the deterioration […]

Quarterly SME Survey – September 2011
Monthly Business Survey – August 2011

Monthly Business Survey – August 2011

13 September 2011

Global jitters jolt confidence. But could have been worse given global turmoil. Business conditions only a touch weaker – but with further restructuring evident in a widening of the multi-speed economy.  Business confidence dropped sharply in August, with heightened global uncertainty, large falls in equity markets and the fear of debt market contagion. Confidence deteriorated […]

Monthly Business Survey – August 2011
Monthly Business Survey – July 2011

Monthly Business Survey – July 2011

9 August 2011

Business conditions weaken showing an economy continuing to lose momentum and traveling below trend. Confidence remains subdued in the face of continuing uncertainty – but carbon didn’t appear to cause further retreat.  Growth in the domestic economy weakening in July, with business conditions now indicative of below-trend growth. This weakening trend was broad based – […]

Monthly Business Survey – July 2011