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.


The Fed is close to cutting rates.

NAB fine-tunes timing of rate call: RBA to cut in July to 1%

The ABS retail trade measure will see a modest (0.2% m/m) return to positive territory in May, indicating little or no bounce back from April’s disappointing result.

Although dwelling values fell in May, the pace of decline continued to ease; a trend that has been evident since the beginning of 2019.

The Bigger Picture – A Global and Australian Economic Perspective – May 2019.

RBA to cut to 0.75% in November.

Trade policy turbulence continues to unsettle the global economy.

Weakness in private demand to continue. Policy stimulus needed – fiscal, structural and monetary.

Confidence saw a post-election spike in May but conditions decline further with the private sector continuing to lose momentum.

Household weakness persists.

Prospects of another soft quarter.

US-China trade dispute a headwind to growth.

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