October 4, 2022

China Economic Update – October 2022

Vicious cycle: falling land sales hitting local government revenues

Deteriorating conditions in China’s residential property sector since mid-2021 has seen new construction activity and land sales decline in year-on-year terms. While the former points to weaker near-term economic growth prospects, the latter is a major concern for local government revenues as many of these authorities are highly dependent on revenue from land sales. The composition of buyers also points to concerns around the longer-term sustainability of local government balance sheets.

For further details, please see the China Economic Update (October 2022)

NAB Consumer Sentiment Survey Q1 2025NAB Consumer Sentiment Survey Q1 2025

NAB Consumer Sentiment Survey Q1 2025

17 April 2025

The NAB Consumer Stress Index rose in the March quarter. High living costs continue to drive spending behaviours, with shoppers looking for ways to save money.

NAB Consumer Sentiment Survey Q1 2025NAB Consumer Sentiment Survey Q1 2025

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