Business Insights Series – Mid Year Economic Update

With the global and domestic economic environment changing rapidly, NAB Markets and NAB Business Banking share the latest economic insights as we approach June 30, helping you to make more informed business decisions.

The Reserve Bank of Australia cut the target cash rate by 25 basis points in May taking the key interest rate down to 3.85%.  RBA governor Michelle Bullock noted in the press conference that the board had considered a 50 basis point cut before reaching consensus on 25 points, going on to describe this cut as ‘cautious’.

What does this mean for interest rates moving forward and how can NAB Markets support our Business Bank Clients in managing this risk?

Our guest speakers discuss these key themes, general economic conditions, and the NAB AUD/USD forecast:

• Tapas Strickland, Head of Markets Economics, NAB
• James Sheehan, National Head of Business Markets, NAB
• Shane Ditcham, State Executive Business Banking – NSW, NAB