BUSINESS SURVEY

INSIGHTS, TRENDS AND CASE STUDIES

Foreign multinationals suggest quite good expectations for capital investment in the next 12 months

Business survey suggests solid near-term activity, despite easing from multi-year high.

Online sales slightly faster over the year, contracts in the month

Commercial property market sentiment has continued to build on the positive gains seen in our last survey. NAB’s Commercial Property Index rose 5 points to +21 in Q4 – its highest level since the Survey began in early-2010.

Low-tier SMEs’ business conditions now comparable to that of their mid-tier and high-tier counterparts

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.

Digital economy opening new opportunities for successful careers.

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.

By state, confidence has improved in VIC and QLD relative to the last survey, but this was offset by much weaker confidence in SA/NT and a small fall in NSW

According to the most recent surveys, business conditions and household sentiment are solid, and on an upwards trend.

Overall consumer anxiety eases a little more in Q4, but our spending behaviours are still yet to respond.

The impact of the win in the U.S. Presidential election by Mr Trump is at this stage highly uncertain

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).

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