In today’s podcast, NAB Group Chief Economist Alan Oster discusses the following:

• Last week was a big week for nab data releases (monthly business survey, forecasts, cashless retail spending, consumption), but this week is somewhat quieter.
• From an ABS data perspective, two releases this week worth watching are labour force (Thursday) and preliminary retail trade (Friday).
• There continue to be tentatively positive signs that the Australian economy has reached its nadir and (very) slowly starting to recover. But it is important to remember just how steep the fall has been and how long the recovery will take.

Listen to the full podcast now.