Author

Robert De Iure

“currently part of a team of analysts that specialise in monitoring key business trends”

Robert has been employed as a professional economist with the NAB Group since 1989. In 2010, he was appointed to the role of Senior Economist (Industry Analysis) and is currently part of a team of analysts that specialise in monitoring key business trends and identifying industries likely to provide the strongest growth opportunities and greatest risks.

Recently Published Articles

NAB Quarterly Australian Commercial Property Survey Q1 2016

NAB Quarterly Australian Commercial Property Survey Q1 2016

27 April 2016

Sentiment in Australian commercial property markets softened a little, but remains well above long-term average levels. Despite some pull back, CBD hotels and office markets continue leading the way, with NSW still at the forefront by state and WA floundering.

NAB Quarterly Australian Commercial Property Survey Q1 2016
NAB Quarterly Australian Commercial Property Survey Q3 2015

NAB Quarterly Australian Commercial Property Survey Q3 2015

18 November 2015

Office property re-emerges as the strongest commercial property sector. Overall sentiment in Australian commercial property markets has moderated a little, but it remains at elevated levels and continues to vary widely across sectors and states.

NAB Quarterly Australian Commercial Property Survey Q3 2015
Quarterly Australian Residential Property Survey Q1 2015

Quarterly Australian Residential Property Survey Q1 2015

21 April 2015

NAB’s Residential Property Index rises as stronger house price growth offsets falling rents. Sentiment is up in all states except WA which remains deeply negative. Foreign buyers are more active in NSW (1 in 5 new sales) and are now at similar levels to Victoria.

Quarterly Australian Residential Property Survey Q1 2015
Quarterly Australian Commercial Property Survey – Q4, 2014

Quarterly Australian Commercial Property Survey – Q4, 2014

11 February 2015

Sentiment in commercial property markets softened in Q4 after September’s promising gains. Retail sentiment (and to a lesser extent industrial) buck the trend, offset by falls in CBD hotels and office. Forward indicators are painting a mixed picture of the market.

Quarterly Australian Commercial Property Survey – Q4, 2014
Quarterly Australian Residential Property Survey – Q4 2014

Quarterly Australian Residential Property Survey – Q4 2014

21 January 2015

NAB Residential Property Index falls as house price expectations pared back and rents weaken. Sentiment softer in all states (and still deeply negative in WA). Almost 10% of all property is being purchased by first home buyers as an “investment”.

Quarterly Australian Residential Property Survey – Q4 2014
Quarterly Australian Commercial Property Survey – Q3, 2014

Quarterly Australian Commercial Property Survey – Q3, 2014

29 October 2014

Overall sentiment in Australian commercial property markets turns positive for the first time since early-2011, but WA continues to weaken. NAB Group Chief Economist Alan Oster said "NAB’s Commercial Property Index rose to +2 points in Q3, its first positive read since March 2011.”

Quarterly Australian Commercial Property Survey – Q3, 2014
Quarterly Australian Residential Property Survey – Q3 2014

Quarterly Australian Residential Property Survey – Q3 2014

15 October 2014

NAB Residential Property Index unchanged with stronger house price expectations offset by weaker rental prospects. Sentiment continues to soften in WA (an all time low). Big pick-up in foreign buying activity in new property (especially VIC) and tipped to rise further.

Quarterly Australian Residential Property Survey – Q3 2014
Quarterly Australian Commercial Property Survey – Q2, 2014

Quarterly Australian Commercial Property Survey – Q2, 2014

30 July 2014

NAB Commercial Property Index fell -3 to -6 points in Q2 and continues to track below business confidence. NAB Group Chief Economist Alan Oster said: “Sentiment was weaker in all market segments, except CBD hotels, and also negative in all states, especially in WA.”

Quarterly Australian Commercial Property Survey – Q2, 2014
Quarterly Australian Commercial Property Survey – Q1, 2014

Quarterly Australian Commercial Property Survey – Q1, 2014

5 May 2014

NAB Commercial Property Index rises above long-term average, but overall still negative (-3 points) and below NAB Business Confidence. Sentiment stronger in all markets, except office (unchanged) and in all states (except NSW and WA). Forward expectations however softer.

Quarterly Australian Commercial Property Survey – Q1, 2014
Quarterly Australian Residential Property Survey – Q1 2014

Quarterly Australian Residential Property Survey – Q1 2014

16 April 2014

Housing market sentiment lifted slightly in Q1 2014 as sentiment improved in SA/NT and NSW, but softened in Victoria and WA. The outlook for house prices strengthened in all states except Victoria, with Queensland showing the biggest gains in the next 1-2 years.

Quarterly Australian Residential Property Survey – Q1 2014
Quarterly Australian Commercial Property Survey – Q4, 2013

Quarterly Australian Commercial Property Survey – Q4, 2013

27 February 2014

Sentiment rises further in Q4, with NAB’s Commercial Property Index reaching a 2-year high (but still negative overall). Improvement driven mainly by office and retail, although both segments still under-performing. Sentiment edged up in all states bar Qld and SA/NT.

Quarterly Australian Commercial Property Survey – Q4, 2013
Quarterly Australian Residential Property Survey – Q4 2013

Quarterly Australian Residential Property Survey – Q4 2013

14 February 2014

Housing market sentiment lifts in Q4, supported by faster house price growth in all states (bar SA/NT). House prices expected to keep growing in next 1-2 years, but at slower rate than predicted in Q3 survey. Queensland is the exception and now set to lead country for capital gains.

Quarterly Australian Residential Property Survey – Q4 2013
Quarterly Australian Commercial Property Survey – Q3, 2013

Quarterly Australian Commercial Property Survey – Q3, 2013

13 November 2013

Commercial property market sentiment improved slightly in Q3, in line with a modest pick-up in confidence also seen in NAB’s Quarterly Business Survey. However, NAB’s Commercial Property Index is still deeply negative (-13) and below its long-term average (-7).

Quarterly Australian Commercial Property Survey – Q3, 2013
Quarterly Australian Residential Property Survey – Q3 2013

Quarterly Australian Residential Property Survey – Q3 2013

10 October 2013

Housing market sentiment strengthened notably in Q3, underpinned by an acceleration in house price growth in all states (bar WA). The Survey is pointing to faster price growth ahead (led by NSW and Queensland), but gains are expected to be relatively modest.

Quarterly Australian Residential Property Survey – Q3 2013
Quarterly Australian Commercial Property Survey – June 2013

Quarterly Australian Commercial Property Survey – June 2013

7 August 2013

Sentiment in the commercial property market weakened notably in Q2 2013. The recent softening in economic conditions (and more subdued outlook for GDP growth) seem to have weighed most heavily in office and industrial markets, with retail unchanged (but very weak).

Quarterly Australian Commercial Property Survey – June 2013
Quarterly Australian Residential Property Survey – Q1 2013

Quarterly Australian Residential Property Survey – Q1 2013

12 April 2013

Housing market sentiment rises across all states except Queensland. NAB Residential Property Index climbs sharply as more property professionals report capital and income growth. The out-performance of WA continues, but there was a big turnaround in expectations in Victoria. All states …

Quarterly Australian Residential Property Survey – Q1 2013
Quarterly Australian Commercial Property Survey – Dec 2012

Quarterly Australian Commercial Property Survey – Dec 2012

22 February 2013

NAB Commercial Property Index increased slightly to -17 points in Q4’12 but performance varied across individual property markets. CBD hotel index rose strongly, but retail and office indices hit new lows as economy slowed. Recovery expectations also postponed in all markets …

Quarterly Australian Commercial Property Survey – Dec 2012
Quarterly Australian Residential Property Survey – Dec 2012

Quarterly Australian Residential Property Survey – Dec 2012

1 February 2013

NAB Residential Property Index rises in Q4’12 as the rate of decline in national house prices slows and rents grow. Property professionals expect mild house price gains in the next 1-2 years, with expectations for capital gains highest in WA and weakest in SA/NT.

Quarterly Australian Residential Property Survey – Dec 2012
Quarterly Australian Commercial Property Survey – September 2012

Quarterly Australian Commercial Property Survey – September 2012

13 November 2012

NAB Commercial Property Index hits new low of -19 points in Q3 2012 as domestic economy passes through a soft patch with business conditions weaker and forward indicators concerning. Retail participants least optimistic, but expectations soften most in office and CBD Hotel markets.

Quarterly Australian Commercial Property Survey – September 2012
Charitable Giving Index – July 2012

Charitable Giving Index – July 2012

23 October 2012

The first NAB Charitable Giving Index shows that charitable giving is growing, despite a softening domestic economy, flat employment growth and persistent consumer cautiousness. NAB and data analytics firm Quantium reviewed donations made by credit card, direct debit, BPAY and EFTPOS

Charitable Giving Index – July 2012
Quarterly Australian Residential Property Survey – September 2012

Quarterly Australian Residential Property Survey – September 2012

11 October 2012

NAB Residential Property Index turns positive in Q3’12 as property professionals see downward correction in national house prices slowing. Market expected to recover in the next year, with prices rising 0.4% nationally. Prices to rise in all states except Victoria.

Quarterly Australian Residential Property Survey – September 2012
Quarterly Australian Residential Property Survey – June 2012

Quarterly Australian Residential Property Survey – June 2012

30 June 2012

NAB’s Quarterly Australian Residential Property Survey focuses on conditions in the Australian residential property market. NAB’s Residential Property Index fell in the June quarter, weighed down by weaker conditions in Victoria and NSW. The national housing market is expected to remain soft over the next year with property professionals predicting a -0.7% decline in house […]

Quarterly Australian Residential Property Survey – June 2012
Quarterly Australian Commercial Property Survey – June 2012

Quarterly Australian Commercial Property Survey – June 2012

30 June 2012

NAB’s Commercial Property Index slips to a new low of -16 points in Q2’12 as fewer property professionals expect positive capital  or income returns. Retail and industrial market participants are very pessimistic, but expectations are also softer in office and CBD hotel markets. WA is the most optimistic state in nearly all sectors and Victoria is […]

Quarterly Australian Commercial Property Survey – June 2012