Tag : Business survey
Global financial markets have digested the latest shock – the UK’s “Brexit” vote – quite well. In Australia, business sentiment has shown great resilience to external shocks in the July NAB Monthly Business Survey > Read MoreAt its August meeting, the RBA cut the cash rate by 25bps to 1.5% (against our expectations) following a similarly-sized 25bp cut in May. Major banks have since passed on some, but not all, of the easing through to lending rates. > Read MoreBrexit has had less impact on the global economy than many feared. > Read MoreBusiness 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. > Read MoreAustralia’s next phase of growth must be defined by ideas, creativity and execution. By people and businesses that are adaptive, agile, thought leaders and doers. > Read MoreThe 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. > Read MoreThe 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. > Read MoreBrexit, the latest in a series of shocks to global financial markets, leads up to shave our global growth forecasts by 10 to 20 bps in 2016 and 2017. > Read MoreThe overall narrative of the Survey has not changed this month, even in light of recent disruptions to financial market sentiment. > Read MoreConsumer anxiety has now fallen for each quarter over the past year, as Australians respond to sustained improvements in the labour market and recovery in the non-mining economy. > Read MoreThis 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. > Read More
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