Results for coronavirus, economic commentary

NAB Group Chief Economist Alan Oster talks about the latest economic news. Listen now.

Revising down US growth forecasts.

Our latest weekly consumer tracking data to 14 May was broadly quite encouraging.

Australia’s wellbeing falls, but the gap by income now at its narrowest in almost 3 years. Wellbeing diverging across the country, highest in TAS & lowest in WA. Home ownership a significant differentiator. Household financial stress up slightly but falling for low income earners & rising sharply for those on higher incomes. The share of Australians experiencing some form of financial hardship now at a survey low.

Rates to rise further as strong growth continues

Conditions rise further on Recreation & Personal Services recovery.

Even with GDP falling in Q1, the Fed is set to move faster.

Rate rises set for June as strong growth continues.

Conditions surge higher as costs, prices hit records.

NAB Group Chief Economist Alan Oster talks about the latest economic news. Listen now.