Online Retail Sales Index: In depth report – October 2012
Australia’s online retail sales are continuing to climb, up to A$12.3 billion in the year ended October 2012, but for now the share of total spending is still modest, at around 5.6%. The rate of growth in online sales has strengthened considerably over the last six months. Read more
Small business compliance
Overwhelmed by regulatory paperwork? “One of the biggest bugbears for small business is inefficient or unnecessary regulation” says the Hon. Brendan O’Connor MP, Federal Minister for Small Business. He pinpoints how government reforms are cutting red tape. Read more
NAB urges farmers to rethink succession planning
A major survey conducted by NAB Agribusiness found that farmers approaching retirement are far less certain about how and when they’ll transition out of the business compared to younger farmers. Read on for more survey findings Read more
Succession plan masterclass
Where many farming families trip up is that they have no succession plan in place. Help keep your farm’s future secure by rolling out a succession plan now, cautions NAB’s Agribusiness Wealth National Manager, Bill Adams. He explains the process. Read more
China’s Impact on Commodity Markets: Implications for Australia
China’s meteoric rise to becoming one of the world’s economic superpowers has redefined global economic growth, specifically, the fundamental drivers of commodity markets. China’s advancement has had significant ramifications for commodity exporting economies, including Australia. Read more
Post farm gate agribusiness survey – September 2012
The post farm gate agribusiness conditions index posted a decent turnaround following a very weak June quarter. Driving the result was an increase across the three key components that make up the index, with the sharpest turnaround being trading conditions. Read more
Property pulse
As far as property performance goes, it’s been a mixed bag in 2012 with residential outperforming the commercial sector. James Connell, who heads up Melbourne real estate agency Marshall White, discusses property performance in 2012. Read more
Commodity watch
Australian farmers are experiencing price volatility, so how can hedging help them take advantage of boosted demand for Australian exports following the US drought? NAB’s Head of Agribusiness for Business Markets, Rod Fraser, explains. Read more
Global & Australian Forecasts – November 2012
Global growth still sluggish with major divergences between different regions. Below trend growth expected to continue into 2013 as world economy averts major risks in US and Euro-zone. Australian economy stumbles into Q4, with growth clearly below trend. Read more
Monthly Business Survey – October 2012
Business conditions stumble to weakest level in more than three years, with wholesale and manufacturing conditions especially subdued. Confidence also edges lower. Activity forecasts unchanged but 25bp February rate cut on the cards, providing modest Q4 CPI. Read more
Rural Commodities Wrap – October 2012
China’s strong import program is one of several global factors colliding to underpin wheat prices through the end of the year and into 2013, according to the latest Rural Commodities Wrap, which this month focuses on wheat. NAB estimates the crop will come in at 20.6 million tonnes Read more
US Economic Update – November 2012
The US economy is only growing at a modest rate. GDP grew by 0.5% qoq (or 2.0% annualized) in the September quarter, and we expect similar growth for the present quarter. Hurricane Sandy is a downside risk for December quarter growth; but upside risk for subsequent quarters. Read more
